Financial Services Compensation Scheme
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Not fit for purpose
As one of many steelworkers who were mis sold pensions I claimed with the fos The fscs has taken nearly a year to look at my case in which time the markets have changed to suit the corrupt advisors. The fscs has taken so long to get the redress scheme of the ground that the compensation levels are zero. Why isn’t the compensation calculated at the time the advisors issued the advice. Why did it take so long. They look after their own.