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300,000 Woodford victims move closer to compensation

 

Compensation for the victims of the Woodford Equity Income fund collapse is a step nearer after creditors voted in favour this week of a scheme of arrangement.

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BSPS cases set to decline in 2024 says FOS

The Financial Ombudsman Service expects British Steel Pension Scheme cases to fall in the coming year amid an expected plateauing in investment and pensions complaints.

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FSCS levy forecast to soar to £415m next year

The total levy to pay for the cost of the Financial Services Compensation Scheme is set to soar by £145m from £270m this year to £415m in 2024/25.

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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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