FSCS levy shake-up moves a step closer

The FCA has today launched a wide scale review of Financial Services Compensation Scheme funding amid soaring costs.

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FCA to cap CMC fees at £10,000

The FCA will cap fees for Claims Management Firms at £10,000 from 1 March, it confirmed today.

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1,000 LCF victims offered govt pay-outs

The Financial Services Compensation Scheme has this week written to 1,000 London Capital & Finance (LCF) victims offering compensation from a government-funded scheme.

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FCA promises conditional cut to FSCS levy

The FCA has promised to reduce the FSCA levy from 2025 by 10% a year - but only if it can reduce the number of consumers being harmed by rogue financial services companies.

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