The £50,000 limit on FSCS protection for ‘negligent advice’ should be re-examined, the head of the FSCS says.

Sixty-two failed financial firms from across the UK have been declared in default today. Read more...

Compensation to consumers who were clients of failed financial advisory firms has nearly reached £1bn.

The Financial Services Compensation Scheme is pinning its hopes of increasing consumer confidence in the industry on a celebrity led campaign, which has launched today.