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Financial Services Compensation SchemeNewest Review: ... when in reality it should have been simple. The Icelandics had guaranteed the first £16,000, the British insured the rest, up ... more |
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Price Comparison for Financial Services Compensation Scheme
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Secrets Of Financial Planning
Use voucher code SHOPPING5 before finalising your purchase and ge ... Last Update 22.11.2009 05:45
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£ 11.95 |
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Financial Planning for Retirement
Pages: 512, Hardcover, McGraw - Hill Inc.,US Last Update 22.11.2009 05:45
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£ 21.26 |
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Personal Financial Planning
Paperback, McGraw - Hill Higher Education Last Update 22.11.2009 05:45
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£ 38.54 |
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Essential Guide to Marketing Planning
Pages: 268, Paperback, Financial Times/ Prentice Hall Last Update 22.11.2009 05:45
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£ 14.14 |
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The Rise and Fall of Strategic Planning
Pages: 480, Paperback, Financial Times/ Prentice Hall Last Update 22.11.2009 05:45
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£ 16.79 |
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Read Reviews for Financial Services Compensatio...
by - written on 15/04/09 (Very useful, 86 readings)
Rating:
The FSCS (Financial Services Compensation Scheme) is a goverment run system which compensates people when certain financial systems fail. These include banks which is what I claimed against. I have been told that they also insure against insurance company failures. The service is funded by charges to the organisations that benefit from the cover. A bank account is insured to a maximum of £50,000 however there are some anomolies in this. My bank, IceSave collapsed in the beginning of October 2008. Although they had only been operating in the UK for a couple of years, their parent bank Lansbankinn had been operating for 123 years. IceSave ... Read the complete review

by - written on 16/01/09 (Very useful, 296 readings)
Rating:
The Financial Services Compensation Scheme (FSCS) may seem like an odd choice of services to review, given that it is hardly something the consumer has any real choice over using if they are unfortunate enough to want to reclaim funds from a collapsed bank. The FSCS, for those unfamiliar with it, is the UK's statutory fund of last resort for customers of authorised financial services schemes - this means it can pay compensation if the company is unable (or is likely to be unable) to pay out on claims made against it and no one else is able to do so either. Given the fears of the current economic climate, then I thought it would be worthwhile to share my experiences of ... Read the complete review





