FSCS levy to soar by a third to top £1bn
- Friday, 22 January 2021
- Articles
The Financial Services Compensation Scheme is forecasting a levy for 2021/22 of £1.04bn, up £339m from the £700m raised the previous year due mainly to soaring numbers of claims.
Read more...FSCS levy to rise as claims surge by 38%
- Wednesday, 25 November 2020
- Articles
The Financial Services Compensation Scheme is set to increase its levy yet again as it faces a £92m shortfall, according to its half-year Outlook report published today.
Read more...Editor’s Column: ‘Double disaster’ FSCS claimants need help
- Friday, 13 November 2020
- Comment
It is astonishing to think that investors who have been compensated by the Financial Services Compensation Scheme go on to lose some, or perhaps all, of their compensation money all over again with another dodgy firm.
Read more...Exclusive: FSCS clients being ripped off twice over
- Friday, 13 November 2020
- Articles
The FSCS has revealed that some compensated clients are losing their money a second time when they invest with another firm which also goes on to fail.
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