The FSCS provides compensation when certain authorised financial services firms are unable to meet claims against them.
As of June 2022, FSCS have paid compensation for 12,421 bonds under the government scheme, totalling over £115 million.
The UK FSCS has now opened to claims against Alexander David Securities Ltd (ADSL) via the online claims service.
The UK Financial Services Compensation Scheme (FSCS) says clients of Tradenext Ltd may be eligible for compensation.
The UK FSCS has confirmed that 11 firms are in default – which means they have gone out of business.
New data from FSCS and the FCA reveals almost half (44%) wished they’d spent more time researching their investment.
The UK Financial Services Compensation Scheme (FSCS) is now considering customers’ claims against Cavendish Incorporated Ltd.
FSCS has issued a warning against scammers targeting London Capital & Finance (LCF) bondholders.
FSCS has now paid compensation for 12,330 bonds under the government scheme, totalling over £114m.
UK FSCS has confirmed that five firms are in default – which means they have gone out of business.