FSCS Financial News

04.12 / 15:32

regulation Asset Managers Consumer Duty FSCS consultation FCA opens consultation on Overseas Funds Regime

The OFR consultation will be open for feedback until 12 February 2024.

15.12 / 10:29

companies FCA Woodford FSCS Woodford investors urged to join lawsuit against Hargreaves Lansdown

'Now that claims against Link will likely not be possible, the RGL Group’s claim against Hargreaves Lansdown is the only route for investors to claim the full redress they are owed.'

24.11 / 14:05

industry FCA Woodford FSCS Harcus Parker urges Woodford investors to vote against 'bad deal'

'It is our view that the information supplied by Link and the Financial Conduct Authority has not been written in a way that easily reveals its meaning.'

09.11 / 12:19

industry FSCS 2024 FSCS warns industry levy set to rise to £415m for 2024/25

For 2023/24, total compensation was estimated at £435m and in 2024/25, the FSCS said it expected compensation to total about £457m.

30.10 / 13:13

regulation Financial Services Retail investors FSCS FCA scraps plans to exclude retail LTAF from FSCS cover

FSCS cover provides compensation of up to £85,000 in the event that a regulated firm goes out of business.

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