Building societies express concern over "unfair" FSCS contributions | Practical Law

Building societies express concern over "unfair" FSCS contributions | Practical Law

On 12 January 2009, the Times published an article reporting that building societies are encouraging members to complain to their MPs about "unfair" Financial Services Compensation Scheme (FSCS) contributions following the recent Government loans to the FSCS to protect the interests of depositors in failed banks.

Building societies express concern over "unfair" FSCS contributions

Practical Law UK Legal Update 4-384-6061 (Approx. 3 pages)

Building societies express concern over "unfair" FSCS contributions

by PLC Financial Services
Published on 13 Jan 2009United Kingdom
On 12 January 2009, the Times published an article reporting that building societies are encouraging members to complain to their MPs about "unfair" Financial Services Compensation Scheme (FSCS) contributions following the recent Government loans to the FSCS to protect the interests of depositors in failed banks.