Consultation opens on our strategic plans and budget for 2020/2021
16 December 2019
Today we’ve published a public consultation on our proposed plans and budget for 2020/2021 and our future strategy, looking ahead to 2025 and beyond.
We are aware of the recently announced news that Wonga has gone into administration.
Due to the nature of the business, there is no protection offered to consumers under the Financial Services Compensation Scheme (FSCS) in this instance.
We are working with the administrators, Grant Thornton, to clarify the impact on the cases we have with us and whether we’ll be able to work any new cases brought to us. We do not yet know what, if any, funds will be available to settle complaints.
There is more information on Wonga’s website.
Latest news
CashEuroNet (QuickQuid)
25 October 2019
We understand that CashEuroNet, which includes the QuickQuid trading name, is in administration.
Information for customers of Berkeley Burke SIPP Administration Limited
18 September 2019
We are aware of the recently announced news that Berkeley Burke SIPP Administration (BBSAL) has gone into administration.