News on firms that have failed or that are under investigation. Some firms have their own dedicated pages which you can find on our Find firms page - click the tab at the top of the page.
Failure of nine firms
Consumers could get back money they have lost as a result of their dealings with any of nine failed financial firms FSCS declared in default during July 2018.
27 September 2019
Claims against The Mortgage Matters Partnership accepted
FSCS now accepts claims against The Mortgage Matters Partnership (TMMP). The Financial Ombudsman Service will transfer any existing claims against TMMP to us.
01 November 2018
Premier FX Limited customers
Premier FX Limited offered money transfer services to customers living and working abroad. Most of the firm’s business served expats living in Portugal and Spain.
28 August 2018
Cornerstone Friendly Society customers
FSCS has paid compensation of almost £1 million to 44 of Cornerstone Friendly Society's customers after it went into liquidation on 16 June 2015.
21 August 2018
Polish Credit Union UK Limited
Polish Credit Union (UK) Ltd has been declared in default. FSCS will protect customers and return money to the vast majority of members. Find out more now.
30 July 2018