2009

  • Payment Protection Insurance (PPI) claims

    29th September 2009

    When we receive a completed PPI claim Application Form, we have to obtain information from third parties to help in our assessment. Sometimes this can slow things down, but we are working closely with

  • Deposit Compensation - Information on Tax

    16th September 2009

    A recent change in tax law has clarified that where a compensation payment from FSCS includes an element representing interest and that compensation is paid after 6 October 2008 the interest element o

  • Deposit Compensation - Information on Tax

    16th September 2009

    A recent change in tax law has clarified that where a compensation payment from FSCS includes an element representing interest and that compensation is paid after 6 October 2008 the interest element o

  • 2008/09 interest levy for the bank failures

    29th July 2009

    Firms in the deposit class will be levied £406m later this week for initial interest charges and related management expenses in respect of the bank failures in 2008/09. The costs will not affect any o...

  • FSA publishes new rules for faster payout

    24th July 2009

    The Financial Services Authority today published its Policy Statement on banking and compensation reform. The FSCS welcomes the changes and believes they will contribute to improving consumer confid...

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