Protection
Read the articles in our protection section to find out the latest news on FSCS protection and the wider issues facing the financial services industry.
Summary note on the basis for protected claims against London Capital & Finance plc
A summary note detailing the background, response and next steps in FSCS's response to London Capital & Finance's failure.
12 July 2019
Summary note on the basis of claims for Active Wealth
On 26 March 2018, FSCS declared Active Wealth (UK) Limited (“Active Wealth”) in default pursuant to COMP 6.3.2R on the basis that it is unable, or likely to be unable, to satisfy protected claims against it.
15 May 2018
Capita wins strategic sole partner contract
Following a competitive procurement process, FSCS has awarded its strategic sole partner contract to Capita for the provision of a claims handling service.
15 May 2018
Replacement cheques to be sent to 380 members of South Tyneside Credit Union Limited (trading as First For Money)
FSCS is aware that the cheques it sent to members of South Tyneside Credit Union Ltd (trading as First For Money) contain a printing error and can’t be cashed.
06 April 2018
Summary note on the basis of claims for the three SIPP Operators declared in default
FSCS has declared Stadia Trustees Ltd, Brooklands Trustees Ltd and Montpelier Pension Administration Services Ltd in default. Read all the details here.
19 January 2018