Financial Services Compensation Scheme
The UK’s statutory compensation scheme for customers of UK authorised financial services firms. It can step in to pay compensation if a firm is unable, or likely to be unable, to pay claims against it.
Visit the Financial Services Compensation Scheme dedicated microsite on this topicOur Work
Financial Conduct Authority: Complaints and root cause analysis review findings Good practice and areas for improvement
Read here PIMFA's summary to Financial Conduct Authority: Complaints and Root Cause Analysis review findings, Good Practice and Areas for Improvement from 13.12.24
PIMFA’s response to FCA CP24/6: Regulatory fees and levies: policy proposals for 2024/25
PIMFA’s Response to FCA CP23/24: Capital Deduction for Redress
FSCS and PII Costs: A Rising Tide Lifts All Boats (October 2020)
Discover insights into the significant rise in FSCS levies and Personal Indemnity Insurance premiums
FSCS Road Map: A Rising Tide Lifts All Boats (November 2020)
PIMFA advocates for urgent government and regulatory measures to enhance the FSCS Road Map, ensuring consumer confidence while addressing deeper systemic issues in the investment market.
PIMFA’s response to the FCA Compensation Framework Review
PIMFA’s response to FCA CP21/8 regulated fees and levies: rates proposals 2021/22
PIMFA response to FCA Restricting CMC charges for financial products and services claims