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Financial Services Compensation Scheme

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About Financial Services Compensation Scheme

The Financial Services Compensation Scheme protects customers when authorised financial services firms in the United Kingdom fail. The organisation provides a free service that pays compensation to eligible claimants for losses related to deposits, investments and insurance. Recent coverage has focused on proposed changes to deposit protection limits and the impact of misleading financial promotions on consumer safety.

FF News has published 6 stories featuring Financial Services Compensation Scheme since 2025, most recently "Wealthtime Research Reveals 28% of Clients Now Use AI Tools to Support Financial Advice" (1 September 2026).

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