Latest News Headlines
Commercial Credit News
|Investors unaware of FSCS changes as 100 day countdown begins|
|Wednesday, 23 September 2015|
More than eight in ten people (83 per cent) are unaware that the protection provided for savings by the Financial Services Compensation Scheme (FSCS) will fall by £10,000 to £75,000 on 1 January 2016, according to research from peer-to-peer lender RateSetter.
The FSCS, launched in 2011, guarantees the safety of savings kept in banks and building societies up to a limit of €100,000, to match the guarantee offered in the EU, and the UK limit is falling following the decline in the value of the euro relative to the pound. RateSetter’s research shows that the public awareness of the level of protection provided by the FSCS is declining and many people overestimate its ability to protect them.
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Registered in England No: 05483197