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FSCS chief executive Mark Neale steps down

Financial Services Compensation Scheme chief executive Mark Neale will depart his role in May next year. Neale has held the position at the top of the lifeboat fund since May 2010 and is leaving to pursue “new challenges” when his third three-year term ends. He says: “I haven’t taken this decision because of any diminished […]

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Virgin Money completes sale to CYBG

CYBG has completed its takeover of Virgin Money bank in a deal worth £1.7bn today. The parent company of Yorkshire Bank and Clydesdale Bank says the deal will lead to the UK’s “first true national banking competitor to the status quo.” The combined company has over six million customers with around £70bn of customer loans, […]

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Bank of Gran

Helen O’Hagan, Technical Manager at Prudential, looks at some of the options to help fund the cost of going to university.  An exciting time for children but not so much for their parents if they have not made financial provision to plan for this expense. And expensive it is! Not only the major items like […]

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There is one comment at the moment, we would love to hear your opinion too.

  1. Were the FCA to do its job properly, the amounts of OPM that the FSCS is forever paying out would be a fraction of what they are at present.

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