• Nearly 220 claims against LEBC as firm defaults

    The Financial Services Compensation Scheme today declared former national IFA, pensions and employee benefits firm LEBC Group Ltd (FRN: 760755) in default after receiving 218 claims against the firm.

  • FSCS declares 3 firms as failed or under investigation

    The Financial Services Compensation Scheme, the industry compensation safety net, has declared three firms as failed or under investigation in the last few days, opening the door to potential claims from clients.

  • New chair of FSCS board

    Elizabeth Passey, currently a senior adviser at investment house J Stern and Company, has been appointed chair of the Financial Services Compensation Scheme’s board from today.