The chief executive of the Financial Services Compensation Scheme (FSCS) Mark Neale has defended his organisation's multi-million pound spend on marketing, saying it will help protect the industry from detrimental consumer behaviour.
Last August, the FSCS announced an industry-funded (currently by the deposit sector) consumer awareness campaign starring Sherlock Holmes actor Benedict Cumberbatch. Neale was forced to admit in 2011...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI