UK Government

Central Office of Information: FSCS appoints McCann Erickson Manchester

Press Release   •   Feb 16, 2010 10:12 GMT

Central Office of Information   (National)

The Financial Services Compensation Scheme (FSCS) has appointed McCann Erickson Manchester to develop a campaign to raise awareness of the organisation with consumers.

The Financial Services Compensation Scheme (FSCS) has appointed McCann Erickson Manchester to develop a campaign to raise awareness of the organisation with consumers.

The appointment follows a three way pitch handled by the Central Office of Information (COI).

McCann Erickson Manchester will work to develop creative as part of a multi-channel strategy as identified by communications planning agency Mindshare.

Notes to editors

·        The Financial Services Compensation Scheme (FSCS) is the UK’s statutory fund of last resort for customers of authorised financial services firms. This means that the FSCS can pay compensation if a firm is unable, or is likely to be unable, to pay claims against it.

·        FSCS is an independent body set up under the Financial Services and Markets Act 2000 (FSMA). The service is free to consumers.

·        In 2008, compensation was paid to protect the holders of 3.5million bank accounts. And in the six months from the end of September 2008, the FSCS paid out more than £21bn.

·        The FSCS covers investments, deposits, insurance, home finance advice and arranging (from 31 October 2004), and advice about general insurance and the arranging of policies (from 14 January 2005).

Contacts

NDS Enquiries
Phone: For enquiries please contact the above department
ndsenquiries@coi.gsi.gov.uk