The Financial Services Compensation Scheme (FSCS) has declared London-based LLP Services as failed, allowing affected individuals to submit claims against the firm.

Bank of England’s Prudential Regulation Authority (PRA) has proposed increasing the Financial Services Compensation Scheme ...

The Financial Services Compensation Scheme has declared London-based LLP Services as failed. In an update last week (March 28), the FSCS said the firm was no longer trading and individuals would ...

The Prudential Regulation Authority is looking at raising the deposit protection limit of the Financial Services Compensation Scheme from £85,000 to £110,000. The deposit protection limit ...

On 31 March 2025, the Bank of England Prudential Regulation Authority (PRA) announced a significant proposal: raising the ...

Claims from the collapsed advice firm Tenet will be investigated by the Financial Services Compensation Scheme (FSCS) at the start of next year. Earlier this year, the firm’s administrators said ...

A financial lifeboat scheme is expecting to pay out £367 million in compensation in 2025/26. The Financial Services Compensation Scheme (FSCS), which published the update for its outlook, said ...

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The FSCS is the UK’s Deposit Guarantee Scheme which protects eligible deposits if a firm fails, up to a limit set by the PRA.

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