3 minutes
The Prudential Regulation Authority (PRA) has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000. The deposit protection limit – which represents the maximum amount of money the FSCS typically protects should
2 minutes
One in five retirees has considered riskier pensions and investment products in the search for higher rates of interest, a survey conducted by the Financial Services Compensation Scheme (FSCS) has found.
1 minute
The Financial Services Compensation Scheme (FSCS) has stepped in to protect the members of Faifley Credit Union Ltd, which ceased trading on Monday 23 November and is now in default. All 95 members of the credit union, which is in Clydebank, West Dunbartonshire, will be compensated by FSCS within se
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