05 February 2018
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Mark Neale: “The FSCS has to be ready to meet future eventualities and to act effectively as a creditor of failed businesses.”
Financial Services Compensation Scheme (FSCS) boss Mark Neale has defended the lifeboat fund's costs after being questioned on its spending by a Financial Conduct Authority (FCA) panel.
In February's FSCS perspectives blog, Neale revealed the scheme had been asked by the FCA's small business panel last month to justify the ratio of management to compensation costs. While this was a...
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