Complex claims push up FSCS budget by 5%

The Financial Services Compensation Scheme has increased its running costs budget forecast for 2022/23 to £95.5m.

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Scammers target payouts to LCF victims

The Financial Services Compensation Scheme has warned LCF victims currently receiving compensation cheques that they could be targeted by scammers.

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Govt pays £91m to LCF victims in 3 weeks

The Financial Services Compensation Scheme (FSCS) has paid out £91.1m to 7,750 LCF bondholders under the government’s compensation scheme in three weeks.

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FSCS blames poor financial advice for soaring levy 

The Financial Services Compensation Scheme (FSCS) has blamed poor financial advice for driving up its soaring annual levy.

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