View more on these topics

FSCS warns over scammers pretending to be compensation scheme


The Financial Services Compensation Scheme is warning of an email scam where consumers are being promised a $5.7m (£4.5m) payment from the lifeboat fund.

The email includes a fake form asking people to give personal information and a fake identity card claiming to be from an FSCS staff member.

An FSCS statement says: “Neither is from the scheme. No one by that name works for us. Providing any personal information may compromise your data.”

The FSCS is telling people not to respond to the email or give any information.

The statement says: “The FSCS does not approach people in this manner.”

The FSCS is telling people to delete the emails and block the sender from using their email settings.

FSCS chief executive Mark Neale says: “Sadly such scams are one of the plagues of modern life. They prey on people and try to lure them into handing over their personal information on the promise of riches.

“Don’t let scammers get away with this. The FSCS will never approach you in this way. Stay safe. Do not respond to these emails or provide any personal information.”


Online broker Dwell Mortgages launches

Online-only broker and comparison website Dwell Mortgages has launched, aiming for market growth and to abolish the traditional ‘agreement in principle’ stage of mortgage applications. The broker says the traditional fact find carried out by brokers is “rudimentary” and often ends up being inaccurate. Dwell customers complete a more in-depth fact find, which Dwell says […]


Govt loses Supreme Court appeal on triggering Brexit

The Supreme Court has ruled that the Government cannot trigger Article 50 without putting it to a Parliamentary vote. In a vote of eight to three, the Supreme Court has ruled that MPs must vote to approve the measure that would start the UK’s exit from the EU. Supreme Court President Lord Neuberger said that […]

Lloyds mortgage risk boss in mental health fundraiser as tribute to late partner

Lloyds Banking Group head of residential mortgage, retail and consumer credit risk Alastair Holmes is raising money for mental health charity Mind in memory of his partner, John Gurmin, who died in December. Pictured below with Gurmin at Royal Ascot races, Holmes (right) has raised over £600 for the charity via his fund­raising page (uk.virginmoney­ […]

Health services

Challenges and opportunities

By Sarah Scott, marketing consultant On 22 February this year the charity Diabetes UK launched a fundraising initiative, #Swim22. They challenged individuals to swim 22 miles over the course of 89 days – a distance that equates to the width of the English Channel. Because of the time period the challenge is spread over, it […]


News and expert analysis straight to your inbox

Sign up