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.
FSCS to protect 981 members of Whitmore Reans Credit Union Limited
FSCS has stepped in to protect members of Whitmore Reans Credit Union Ltd. The credit union stopped trading and was declared in default on 21 March 2016.
22 March 2016
FSCS considering cover for claims against Cornerstone Friendly Society
FSCS is working with liquidators and regulators to understand what the liquidation means for Cornerstone Friendly Society’s clients and if we can protect them.
10 March 2016
FSCS steps in to help members of SPA Credit Union Limited
The Financial Services Compensation Scheme (FSCS) has stepped in to protect members of Cheltenham based, SPA Credit Union Limited (SPA).
19 February 2016
Update for CF Arch Cru customers compensated via interim payment method
CF Arch Cru funds did not wind up in 2015 as expected. FSCS has paid over £58m compensation in CF Arch Cru claims since 2012.
15 February 2016
Final payments to Lifemark investors now going out
Customers who invested in Lifemark backed products through Keydata Investment Services can expect to receive a final payment
29 January 2016