A financial lifeboat scheme is expecting to pay out £367 million in compensation in 2025/26. The Financial Services Compensation Scheme (FSCS), which published the update for its outlook ...

The Financial Services Compensation Scheme has declared London-based LLP Services as failed. In an update last week (March 28), the FSCS said the firm was no longer trading and individuals would ...

The Financial Services Compensation Scheme has declared Glasgow-based Executive Benefit Consultancy Limited and Surrey-based Jacob Hopkins McKenzie Limited in default. According to the FCA ...

People who lost tens of thousands of pounds when a star stockpicker's investment fund collapsed say they have been let down ...

What is the Financial Services Compensation Scheme (FSCS)? The Financial Services Compensation Scheme (FSCS) protects customers from losing some or all of their cash if authorised financial services ...

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EXCLUSIVE Shadow financial services minister Luke Howarth has stressed the Coalition’s commitment to reforming the CSLR, ...

UK depositors will receive greater protection from the Bank of England as the amount of money covered by a nationwide deposit guarantee scheme is set to rise to £110,000. The scheme provides ...

Mr Woodford came with a stellar reputation, and the fund advertised that it was protected under the Financial Services Compensation Scheme (FSCS), which pays compensation when a financial firm fails.