Treasury and FSA Make Changes to Give Faster Help to Mesothelioma Victims

Help for mesothelioma victims



The Economic Secretary to the Treasury, Ed Balls, today announced that, following consultation, the Treasury will legislate to allow the Financial Services Authority to make changes to the Financial Services Compensation Scheme (FSCS) to help mesothelioma victims receive more timely access to compensation.

Ed Balls said:

"Mesothelioma is a disease that has a devastating impact on people's lives. These changes should help victims of this disease receive more timely access to compensation where the Financial Services Compensation Scheme is involved."

Under the proposed changes negligent employers and their insurers, who have paid victims of the disease, will now be able to claim a contribution from the FSCS in certain cases. This should help avoid delay in compensation being paid to claimants while the FSCS' liability is being established.

If you or someone you know has been effected by mesothelioma, our solicitors can help with making a compensation claim. Visit our asbestos claims section.