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    Financial Services Compensation Scheme Ltd

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    • Sunday, 16 April, 2023
      UK financial regulation
      Bank of England considers major reform of deposit guarantee scheme

      UK’s Financial Services Compensation Scheme faces review after failure of Silicon Valley Bank

    • Friday, 16 December, 2022
      FT Money personal finance guides
      FT Money’s guide to parking a lump sum

      Shop around for best rates when depositing cash

    • Friday, 6 August, 2021
      FSCS to review website after savers’ complaints

      Compensation scheme’s information led to lost compensation, it is claimed

    • Friday, 4 June, 2021
      Pensions
      Compensation boosted for pension transfer victims

      Payouts uplifted in 126 cases, totalling £1.5m

    • Friday, 22 January, 2021
      Financial scam compensation bill to cost £1bn next year

      Rise of 48% in FSCS levy for 2021-22 prompts calls for government action

    • Tuesday, 19 January, 2021
      Investments
      London Capital & Finance investors entitled to payouts, court told

      Judicial review begins into lifeboat fund’s decision to compensate only fifth of customers

    • Friday, 11 December, 2020
      London Capital & Finance
      High-risk mini-bonds banned by regulator

      FCA makes temporary sanction permanent from January, after London Capital & Finance collapse.

    • Thursday, 7 May, 2020
      Investments
      LCF compensation decision looms

      FSCS could compensate some investors in collapsed mini-bond issuer London Capital Finance

    • Thursday, 20 February, 2020
      Private investing
      What happens if my broker fails?

      I use an online stock broker to purchase shares in quoted companies 

    • Monday, 17 February, 2020
      UK financial regulation
      Most investors in collapsed mini-bond issuer London Capital & Finance still waiting on refunds

      UK compensation scheme has issued payments to 135 out of 11,600 customers

    • Thursday, 9 January, 2020
      Financial services
      Thousands of LCF bondholders may miss out on compensation

      Less than 2% will definitely receive redress, says Financial Services Compensation Scheme

    • Tuesday, 26 November, 2019
      LombardMatthew Vincent
      Call Keanu! ‘Mini bond’ scandal reveals a mess the FCA must fix

      Consumer rules are so perplexing, Reeves should front a consumer awareness campaign

    • Wednesday, 30 October, 2019
      UK financial regulation
      Compensation scheme pledges more clarity on protection

      Move follows claims it misled investors caught in LCF mini-bond scandal

    • Friday, 14 June, 2019
      Pensions
      Compensation green light for customers of failed pension firms

      GPC Sipp and Lifetime Sipp latest providers to default

    • Friday, 31 May, 2019
      Financial services
      UK opens door to compensating customers of collapsed LCF

      Redress scheme says ‘sufficient grounds’ to look at helping investors hit by firm’s failure

    • Thursday, 23 May, 2019
      UK financial regulation
      MPs demand speedy probe of London Capital & Finance

      Select committee warns on 12-month deadline for inquiry into investment firm’s collapse

    • Friday, 10 May, 2019
      Financial services
      Investors in scandal-hit LCF given hope of UK redress

      Compensation body considers U-turn over claims related to company’s £236m collapse

    • Tuesday, 30 April, 2019
      UK financial regulation
      UK redress scheme accused of misleading London Capital & Finance investors

      FSCS apologises for ‘confusion’ it may have caused over whether mini-bonds were protected

    • Wednesday, 24 April, 2019
      Financial services
      Investors given hope of compensation on London Capital & Finance

      Lawyers investigating £236m collapse seek to claim against UK financial compensation scheme

    • Wednesday, 3 April, 2019
      Financial services
      Customers of collapsed LCF face tax bills on mis-sold Isas

      HMRC says investors must pay income tax on any interest earned on failed investments

    • Friday, 22 March, 2019
      Q&AInvestments
      London Capital & Finance collapse leaves customers counting the cost

      Investors in unregulated mini-bond likely to lose £236m

    • Wednesday, 13 March, 2019
      Workplace pensions
      UK consumers should get bigger payouts, FSCS head says

      Mark Neale wants ban on retirement pots being put into risky investments

    • Tuesday, 12 March, 2019
      Wonga
      Wonga compensation claims four times higher than thought

      Treasury select committee calls for better protection for customers

    • Sunday, 6 January, 2019
      Pensions
      Pension mis-selling payouts double in 2018

      Regulator says savers were wrongly advised to give up ‘gold-plated’ company schemes

    • Thursday, 30 August, 2018
      Claer Barrett
      Wonga woes won’t end the scourge of high-cost credit

      Borrowers with a poor financial history could be driven back towards loan sharks

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