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FSCS pays £180m in 5 months as 7 more firms default 

FSCS declared seven failed firms in default in August and September, it reported today - opening the door to compensation claims from customers.

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FSCS to close £115m LCF compensation scheme

The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).

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FSCS declares 2 advice firms have failed

 

Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.

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FSCS set to wind up LCF compensation scheme

The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.

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