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FSCS pushes back permanent CEO hire to April

The Financial Services Compensation Scheme, the government back financial safety-net scheme, has appointed a new interim CEO today but says a new permanent CEO will not be appointed until after April.

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FSCS chief Caroline Rainbird steps down

The chief executive of the Financial Services Compensation Scheme Caroline Rainbird has left the organisation after four years in the top job.

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FSCS trims levy for advisers by £4.4m

The Financial Services Compensation Scheme has cut its 2023/24 levy for the Life Distribution & Investment Intermediation class - which includes financial advisers -by £4.4m.

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FSCS warns on financial advice gap

Most UK adults fail to seek regulated financial advice because they believe it to be “too expensive” and “for the wealthy”, according to new research.

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