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4th credit union collapses this year owing £1.3m

The fourth credit union to collapse this year has been declared in default by the Financial Services Compensation Scheme this week.


FSCS warns about 2 firms targeting LCF victims

The Financial Services Compensation Scheme has taken the unusual step of naming two firms suspected of trying to scam LCF mini-bond victims.


FSCS declares 5 failed firms in default

The Financial Services Compensation Scheme has opened the doors to compensation on five failed financial firms it has declared in default.


FCA scheme set to pay £71.2m to BSPS victims 

The Financial Conduct Authority is set to launch a scheme to pay out an estimated £71.2m to victims of the British Steel Pension Scheme pension transfer scandal.

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