BSPS steelworkers to get more FSCS cash

The Financial Services Compensation Scheme (FSCS) has issued an update today about its compensation decisions for British Steel Pension Scheme (BSPS) members affected by the failure of Active Wealth, which wrongly advised them on pension transfers.

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FSCS refuses claims against failed £236m mini-bond firm

The Financial Services Compensation Scheme has said it will not accept claims over collapsed mini-bond firm London Capital & Finance (LCF).

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FSCS declares 8 firms in default

Consumers could get back money they have lost as a result of their dealings with any of the eight failed regulated firms.

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FSCS appoints 8 law firms to panel

The FSCS has appointed eight law firms to form its second legal panel, following what it called “a rigorous six-month procurement exercise.”

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