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FSCS warns about 2 firms targeting LCF victims

The Financial Services Compensation Scheme has taken the unusual step of naming two firms suspected of trying to scam LCF mini-bond victims.

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Third credit union goes bust this year

The City of Plymouth Credit Union Limited in Devon has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door to members to claim compensation expected to be in the region of £1.2m in total.

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Interventions have improved says FCA in BSPS probe

The Financial Conduct Authority (FCA) is getting better at timely consumer interventions, chief executive Nikhil Rathi has told MPs during their probe into the British Steel Pensions Scheme (BSPS) scandal.

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FSCS declares 2 BSPS Planner firms in default

Yorkshire-based Briggs Murray Financial Planning & Wealth Management and Newcastle-based Whitebridge Financial Planning have been declared in default by the Financial Services Compensation Scheme.

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