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FCA promises conditional cut to FSCS levy

The FCA has promised to reduce the FSCA levy from 2025 by 10% a year - but only if it can reduce the number of consumers being harmed by rogue financial services companies.


FSCS declares 9 firms in default 

The Financial Services Compensation Scheme has declared 9 firms in default, including a number of financial advisers and a Financial Planning business.


British Steel adviser forced into liquidation

A.W.Dallas Financial Services has been forced into liquidation after receiving 35 Financial Ombudsman Service (FOS) complaints in relation to British Steel Pension Scheme (BSPS) pension transfer advice.


LCF investors withdraw appeal against FSCS

Investors in failed mini-bond firm London Capital & Finance (LCF) have withdrawn their judicial review appeal against the Financial Services Compensation Scheme (FSCS).

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