Providers to pay 25% of FSCS funding costs

The FCA is set to require providers to pay a quarter of the cost of funding the Financial Services Compensation Scheme (FSCS) in a radical shake-up.

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FSCS warns of Russian scam website targeting UK

The Financial Services Compensation Scheme (FSCS) has warned consumers to steer clear of a Russian website claiming to represent the FSCS and asking people to register a claim.

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FSCS declares 17 firms in default in June and July

The FSCS has declared 17 failed firms in default meaning that consumers could get back money they have lost as a result of their dealings with any of the firms.

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FSCS reveals £4.5bn cost of Icesave collapse on 5th anniversary

On the fifth anniversary of the collapse of Icelandic bank Icesave, the FSCS has revealed it has paid out just over £4.5bn in compensation to 228,516 customers. Read more...
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