FSCS unveils five-year strategy

Three core focus areas

Jen Frost
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has revealed its five-year strategy, covering its priorities for 2026 to 2031.

The lifeboat fund has outlined three core priorities that it will focus on in the coming years. FSCS looks to ‘optimise' claims model Its latest set of priorities include further optimising its claims model to "deliver timely, high quality customer outcomes at any level of demand". In a report published this morning (26 March), outlining its priorities, the FSCS stated it would look to achieve this through streamlining routine activity and focusing effort "where it creates the most value", as well as managing risk carefully to ensure a quick and effective response when firms fail. ...

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