While 2025 was a year of high tempo activity, it has also been a year of continuous progress, according to Martyn Beauchamp, ...

The Financial Services Compensation Scheme (FSCS) has set out a £108m management expenses budget for 2026/27, keeping overall ...

The Financial Services Compensation Scheme (FSCS) has declared Hanson Financial Partners in default after receiving claims ...

The FSCS said it received four claims related to advice — life distribution, pensions & investment intermediation. One claim ...

Many savers assume that spreading money across accounts automatically increases protection. But FSCS works per eligible firm, ...

Proposed increases in the deposit protection limit from £85,000 to £110,000 and in the temporary high balance limit from £1 million to £1.4 million would take effect from 1 December 2025. There would ...

LONDON, Nov 9 (Reuters) - Britain's Financial Services Compensation Scheme (FSCS) has forecast imposing a levy of 415 million pounds ($510 million) against UK financial firms to fund 2024/25 claims ...

UK finance firms face $510 million levy to fund 2024/25 compensation claims Britain's Financial Services Compensation Scheme (FSCS) has forecast imposing a levy of 415 million pounds ($510 million) ...

The FSCS has increased the level from £85,000 to £120,000 per bank - but many savers still don't realise crucial limits apply ...