FSCS news

Read the latest news and updates regarding FSCS. Learn about our work with the industry, new staff appointments and other projects we’re involved in.

FSCS welcomes the sale of Bradford and Bingley assets

FSCS welcomes the deal led by Barclays Bank to purchase Bradford and Bingley (B&B) assets. This will pay off the remaining debt due to FSCS from B&B.

26 April 2018

FCA and PRA appoint new Chair of FSCS

On Tuesday 13 February, The Financial Conduct Authority and the Prudential Regulation Authority announced the appointment of Marshall Bailey as Chair of the Financial Services Compensation Scheme with effect from 1 April 2018.

15 February 2018

FSCS pays out £8.3m to former Gable Insurance customers

The Financial Services Compensation Scheme (FSCS) has now made over 28,000 return of premium payments worth £8.3m to former policyholders of Gable Insurance.

20 July 2017

FSCS announces its final levy for 2017/18 at £363m

FSCS will levy firms £363m this year, £15m less than it forecast in its Plan and Budget 2017/18 in January. This includes management expenses of £69.2m.

12 April 2017

FSCS welcomes Bradford and Bingley asset sale

Read our full statement on the Bradford and Bingley asset sale. 

31 March 2017