FSCS admits few broker claims of "significance" so far
The Financial Services Compensation Scheme, the UK's financial fund of last resort for customers of financial services firms, paid out £201.22m of compensation to consumers in 2005/6, compared to £174.71m in 2004/05.
The figures, revealed as part of the FSCS's annual report published today, show a record increase of 180% in claims1 completed by FSCS for compensation (26,000 completed claims in 2005/06, up from 9
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