FSCS levy forecast to soar to £415m next year
- Thursday, 09 November 2023
- Articles
The total levy to pay for the cost of the Financial Services Compensation Scheme is set to soar by £145m from £270m this year to £415m in 2024/25.
Read more...FSCS pushes back permanent CEO hire to April
- Tuesday, 17 October 2023
- Articles
The Financial Services Compensation Scheme, the government back financial safety-net scheme, has appointed a new interim CEO today but says a new permanent CEO will not be appointed until after April.
Read more...Customers of collapsed WealthTek set for payout
- Monday, 18 September 2023
- Articles
Customers of collapsed Newcastle-based wealth manager WealthTek are likely to have any losses refunded by the Financial Services Compensation Scheme up to the scheme’s £85,000 limit per person.
Read more...£230m redress for Woodford investors moves ahead
- Friday, 08 September 2023
- Articles
Link Fund Solutions Limited (LFSL) says it expects to begin making payments under a £230m redress scheme to Woodford investors in the first quarter of 2024.
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