FSCS to close £115m LCF compensation scheme
- Thursday, 06 October 2022
- Articles
The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).
Read more...FSCS declares 2 advice firms have failed
- Wednesday, 07 September 2022
- Articles
Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.
Read more...FSCS set to wind up LCF compensation scheme
- Tuesday, 09 August 2022
- Articles
The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.
Read more...FCA warns BSPS redress scheme to cost £140m
- Tuesday, 02 August 2022
- Articles
The Financial Conduct Authority (FCA) has warned that its proposed redress scheme for the British Steel Pension Scheme (BSPS) scandal could see advice firms pay over £140m in compensation.
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