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The Financial Services Compensation Scheme is expecting a £9.5m fall in the cost of claims in its current financial year due to an overall reduction in the number of complaints.

The Financial Ombudsman Service (FOS) said today it expects to receive 188,000 cases in 2026/27, while resolving 245,000 cases.

Despite a tangle of regulators, pension scandals like Hartley expose a glaring truth - when savers need urgent protection, the government stands powerless.

The years of huge compensation payouts for pension transfer redress look to be easing after the latest Broadstone DB Redress Tracker revealed DB pension transfer compensation remained nil in the majority of cases in 2025.

Farmers were handed a very welcome, albeit unanticipated, Christmas present from the Treasury on 23 December.

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