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Scammers target payouts to LCF victims

The Financial Services Compensation Scheme has warned LCF victims currently receiving compensation cheques that they could be targeted by scammers.


Govt pays £91m to LCF victims in 3 weeks

The Financial Services Compensation Scheme (FSCS) has paid out £91.1m to 7,750 LCF bondholders under the government’s compensation scheme in three weeks.


FSCS declares 16 firms in default

The Financial Services Compensation Scheme (FSCS) has declared 16 firms in default, including a number of financial advisers and wealth managers.


FSCS blames poor financial advice for soaring levy 

The Financial Services Compensation Scheme (FSCS) has blamed poor financial advice for driving up its soaring annual levy.

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