Founded in 2001 by the Financial Services and Markets Act 2000, the organization is independent of the government and the ...

Pension Scheme has completed a £25m buy-in with Pension Insurance Corporation (PIC). The full-scheme buy-in transaction – ...

Pension Scheme has completed a £25m full buy-in with Pension Insurance Corporation, securing the benefits of all 154 members, including 37 pensioners and 117 deferred members ...

The Financial Services Compensation Scheme (FSCS) has moved forward with the first claims against advice firm Donre Advisory.

Pension Insurance Corporation plc (PIC), an insurer of defined benefit pension schemes, has finalised a £25 million full ...

The Financial Services Compensation Scheme has anticipated it will need ... 2025-26 will remain at £394mn as previously forecast by the FSCS. According to the lifeboat scheme, it anticipates ...

The Financial Services Compensation Scheme (FSCS), which published the update for its outlook, said the predicted total will be similar to 2024/25, when £372 million is expected to be paid out.

An appeal response was received from the FSCS in September 2024 ... then the more money a DB scheme pays for those transferring away. “Compensation is worked out on a similar basis and ...

The London Community Credit Union (LCCU) had 17,000 customers when it went bust - if you have money saved with LCCU, then we ...

FSCS is stepping in to protect 18,335 members of London Community Credit Union after its closure, compensating them with £15.4 million within ...

The Financial Services Compensation Scheme says its management expenses budget for the year to next March will ... “This is no longer the case for 2025/26 as they have been used up in most classes, ...