FSCS declares 42 firms in default
Consumers can claim compensation of up to £48,000 if they have lost money as a result of their dealings with any one of 42 firms that the Financial Services Compensation Scheme (FSCS) has recently declared in default.
FSCS is the UK's statutory fund of last resort for customers of regulated financial services firms. The service is free to consumers.
Declaring a firm in default is the final part of a process whereby
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