The Latest Breaking News from FCA

Thousands of Welsh steelworkers to get compensation over British Steel pension scandal

The new scheme has been welcomed by campaigners

Wales Online · Apr 1, 2022

British Steel pensioners to get £71 million compensation after bad advice

The Financial Conduct Authority said on Thursday it would pay £71 million in compensation to members of a British Steel pension scheme (BSPS) who were wrongly advised to give up their guaranteed pensions.

Evening Standard · Mar 31, 2022

Watchdog sets out £71m plan to help British Steel pension savers

Thousands of people might have been given bad advice to switch their pension pot.

The Independent UK · Mar 31, 2022

Funeral firm Safe Hands goes under leaving customers at risk

45,000 people who had saved up to pay for their funeral face losing money after the plan provider collapsed into administration

Chronicle Live · Mar 26, 2022

Thousands of funeral plans at risk as provider collapses into administration

Safe Hands has collapsed into administration following financial hardship likely 'linked to the pandemic'

Liverpool Echo · Mar 25, 2022

Funeral provider Safe Hands collapses putting 45,000 customer plans at risk

Funeral provider Safe Hands will no longer take any direct debit or standing order payments after hiring FRP Advisory to oversee the insolvency process - and it won't be able to take on any new customers either

Daily Mirror · Mar 24, 2022

Yorkshire funeral plan firm Safe Hands collapses, putting services in doubt

Administrators have taken control of the Wakefield firm

Birmingham Post · Mar 24, 2022

Collapse of funeral plan firm Safe Hands leaves services in doubt

The company has hired administrators from FRP Advisory to oversee the insolvency process.

The Independent UK · Mar 24, 2022

Ethnic minority drivers in England and Wales 'pay £250 more' for car insurance, Citizens Advice claims

The charity has published results of a year-long analysis

Wales Online · Mar 22, 2022

Drivers from ethnic minorities 'paying £250 more' for car insurance in England

As part of a year-long investigation, Citizens Advice analysed 18,000 car insurance costs reported by people across England and Wales, and uncovered some concerning disparities

Daily Mirror · Mar 22, 2022