FSCS makes first payouts of £2.7m to LCF victims
- Monday, 17 February 2020
- Articles
The Financial Services Compensation Scheme said today it has made the first pay-outs - totalling just under £2.7m - to 135 victims of the LCF mini-bond firm collapse.
Read more...FSCS levy to soar by £87m to £635m in 2020/21
- Thursday, 16 January 2020
- Articles
The Financial Services Compensation Scheme confirmed today that its levy for 2020/21 will soar by £87m to £635m, mainly due to surging SIPP claims.
Read more...Advisers could be hit with extra £46m FSCS levy
- Tuesday, 17 December 2019
- Articles
The Financial Services Compensation Scheme has warned that there is a ‘high risk’ of a supplementary £46m levy on advisers and providers.
Read more...FSCS reveals how levy will be distributed
- Friday, 05 July 2019
- Articles
The Financial Services Compensation Scheme (FSCS) has today published “indicative numbers” that illustrate how its levy will be distributed across firms in 2019/20.
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