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FCA promises conditional cut to FSCS levy

The FCA has promised to reduce the FSCA levy from 2025 by 10% a year - but only if it can reduce the number of consumers being harmed by rogue financial services companies.

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FSCS declares 9 firms in default 

The Financial Services Compensation Scheme has declared 9 firms in default, including a number of financial advisers and a Financial Planning business.

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FCA secures £25m more for SIPP investors 

The Financial Conduct Authority has secured £25m more compensation for 4,500 investors in the failed Park First scheme which saw investments sold to a number of SIPP investors.

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FSCS declares 10 financial firms in default 

The Financial Services Compensation Scheme has declared 10 financial firms in default in April and May, including several financial advisers.

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