Insurance Age blog: FSCS - time to go to war?

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So I ask, is it time for a court case? Has diplomacy failed and is it time to wield the big stick with a class action?

Just in case you've been living on the moon for the past month you may not be aware that your Financial Services Compensation Scheme levy is going up again. By 50%. On top of the maybe nine fold increase you saw last year.

Did you sell any payment protection insurance products? If not, then why are you paying for the compensation which victims - quite rightly in my opinion - are getting when they were mis-sold it by someone else?

If you bought a faulty can of beans from supermarket A (insert

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