FSCS defends £4m ads as second round of publicity planned

clock

The Financial Services Compensation Scheme (FSCS) has not ruled out a second round of TV adverts for its ongoing publicity campaign.

The scheme was criticised over the £4m publicity campaign which included the TV ads, but which failed to achieve the anticipated impact on consumers. In its annual report for 2010/11, the FSCS said the campaign would be reviewed. However, today a spokesperson for the FSCS denied it has made a definite decision on scrapping the TV ads and focusing its efforts elsewhere. "Despite reports to the contrary we are not scrapping the TV campaign. We are planning phase two of the campaign and we are not ruling anything out," said the spokesperson. "Our research says the TV ads did actual...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Government to reconsider rejection of Waspi compensation

Government to reconsider rejection of Waspi compensation

Rethink does not guarantee that financial redress will be awarded

Jonathan Stapleton
clock 12 November 2025 • 3 min read
FCA seeks experienced professional opinion on its decision-making

FCA seeks experienced professional opinion on its decision-making

Regulator opens applications for positions on three statutory panels

Isabel Baxter
clock 10 November 2025 • 1 min read
FCA warns on 'poor' advice consolidation practices

FCA warns on 'poor' advice consolidation practices

Including on debt and incentives

Sahar Nazir
clock 31 October 2025 • 3 min read