The UK Prudential Regulation Authority (PRA) and the UK Financial Conduct Authority (FCA) have published consultation paper ...
The Financial Services Compensation Scheme (FSCS) has set out a £108m management expenses budget for 2026/27, keeping overall ...
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 ...
The FSCS said it received four claims related to advice — life distribution, pensions & investment intermediation. One claim ...
The FSCS said it has received one pension claim which has been upheld triggering the default declaration. The firm is not one ...
The Financial Services Compensation Scheme (FSCS) has declared Hanson Financial Partners in default after receiving claims ...
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 ...
The Financial Services Compensation Scheme (FSCS) deposit protection limit will rise to a bumper £120,000 from 1 December 2025. The amount of cash protected if a bank or building society goes bust ...
LONDON, May 22 (Reuters) - Britain's Financial Services Compensation Scheme said it would impose a lower than expected 356 million pounds ($478.04 million) levy on the sector for the 2025/2026 ...
UK banks’ customers will be protected from December by up to £120,000 if their provider fails. The new limit, which will increase from £85,000, was confirmed by the Prudential Regulation Authority ...
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