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.
Essex Savers net Credit Union Limited goes out of business: FSCS to protect 5,000 members
FSCS has stepped in to protect members of Essex Savers net Credit Union Limited which has stopped trading and is now in default. Read the latest news here.
14 February 2018
Catalyst Investment Group Ltd and ARM Asset Backed Securities SA
FSCS paid compensation for claims concerning Catalyst Investment Group Limited’s promotion of funds backed by ARM Asset Backed Securities SA.
24 November 2017
FSCS will protect West Wales Credit Union customers
FSCS will protect members of West Wales Credit Union Ltd which has stopped trading and is now in default so cannot re-pay deposits to its 1,700 members.
27 September 2017
Staffordshire Credit Union Limited goes out of business: FSCS to protect over 1,000 members
FSCS steps in to protect over 1,000 members; the vast majority will be compensated within the week
18 September 2017
FSCS protects Harlequin investment customers
More people may now have a claim for bad investment advice in relation to Harlequin investments.
05 September 2017