FSCS limit rises to £120,000 next month, regulator confirms

The Financial Services Compensation Scheme (FSCS) limit will rise to £120,000 from 1 December, the Prudential Regulation Authority (PRA) confirmed today. The limit, currently £85,000, is the maximum a financial services customer can be compensated per institution in the case of a firm failing. The…

The post FSCS limit rises to £120,000 next month, regulator confirms appeared first on Mortgage Strategy.

FSCS limit rises to £120,000 next month, regulator confirms

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