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FSCS ready to offer compensation aid

The Financial Services Compensation Scheme is ready to help customers of Swindon based Chapel Financ...

The Financial Services Compensation Scheme is ready to help customers of Swindon based Chapel Finance, London-based Fabien Risk Services and Bolton-based D A McKenna Insurance Brokers, which have all recently been declared in default by the FSCS. FSCS said it is expecting most claims for compensation to relate to the return of premiums paid to the three firms, where no insurance cover was put in place.

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