Firm news

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