Latest News for: fscs

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FSCS launches deposit protection awareness campaign

Financial Planning Today 19 Mar 2026
The FSCS now protects from the first pound of savings up to £120,000 per person (since 1 December), per UK-authorised firm ... • Ipsos surveyed 2,419 UK adults on behalf of the FSCS between 23 and 29 January ....
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Former FSCS CEO joins Paradigm Norton as NED

Financial Planning Today 18 Mar 2026
Paradigm Norton Financial Planning has appointed former FSCS chief executive Caroline Rainbird as a Non-Executive Director (NED) ... She spent four-and-a-half-years as CEO at FSCS, leading the ...
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Revolut wins UK banking license, launches FSCS-Protected Revolut Bank UK​

BTC Manager 11 Mar 2026
Revolut secures a full UK banking license, rolling out ...
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IFA firm fails after director accused of �2.3m fraud

Financial Planning Today 03 Mar 2026
The declaration of default means that the FSCS will step in to pay compensation to ex-clients of the Hampshire firm, up to £85,000 per successful claim ... The FSCS has declared six financial advisory firms as failed so far this year.
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Is my pension protected by the FSCS if it's worth over �85,000?

The Daily Mail 23 Feb 2026
Should we be keeping multiple different pots with different providers as our pensions and Isas grow, to ensure we are adequately covered by the FSCS? ....
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Is my pension protected by the FSCS if it's worth over £85,000?

This is Money 23 Feb 2026
With the FSCS now protecting £120,000 per person for bank and building society accounts, I have been trying to find out what protection our pensions and stocks and shares Isas are afforded ... the FSCS?.
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Kerry Nelson's Nexus IFA declared in default by FSCS

Financial Planning Today 10 Feb 2026
The FSCS has declared in default failed IFA Nexus Independent Financial Advisers (FRN 584769) of Fareham, Hants, which was run by high-profile founder Kerry Nelson ... The FSCS has declared six financial advisory firms as failed so far this year.
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The UK Financial Conduct Authority is entering the final phase of its consultation on crypto regulation

Cryptopolitan 24 Jan 2026
However, the FCA does not plan to extend Financial Service Compensation Scheme (FSCS) protection to cryptoassets. The FSCS provides compensation for customers when companies cannot meet their liabilities.
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