FSCS to pay out £21m as credit union is declared in default

The Financial Services Compensation Scheme (FSCS) has stepped in to protect members of Dial-A-Cab, which has stopped trading and is now in default.

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FSCS declares 9 firms in default including Financial Planner

The Financial Services Compensation Scheme (FSCS) has declared nine firms in default today, paving the way for consumers to be compensated for their losses.

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FCA says regulating ‘ambulance chasers’ to cost £17m

The FCA is set to take over regulation of claims management companies and estimated the cost to be in the region of £17m.

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FSCS payment increased by £14million for wealth manager

A wealth management firm had to cough up £20.1 million to the Financial Services Compensation Scheme last year, it revealed today.

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