26th June 2014
FSCS said in April that it was aiming to send the remaining balancing payments to claimants including payments due following the recent distribution from Lifemark’s Trustee in May.
However, due to a further delay in finalising the payment calculation process, FSCS was unable to make the balancing and distribution payments in May as it anticipated. We apologise for any inconvenience this may have caused.
We are pleased to confirm the calculations have now been finalised and we are able to start making payments to the majority of claimants in early July.