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FSCS declares 5 failed firms in default

The Financial Services Compensation Scheme has opened the doors to compensation on five failed financial firms it has declared in default.

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Welsh credit union declared in default

A North-East Wales credit union has been declared in default by the Financial Services Compensation Scheme (FSCS).

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FCA proposes default investment option for all pensions

The Financial Conduct Authority has proposed that firms offer a default investment option to non-workplace pension clients.

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FSCS declares 12 firms in default

The Financial Services Compensation Scheme has declared 12 firms in default, including a number of financial advisers and wealth managers.

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