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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.


Welsh credit union declared in default

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


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.


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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