FSCS declares three firms failed over pension and investment advice

The FSCS has received seven claims currently in progress against them

Ayesha Venkataraman
clock • 3 min read

The Financial Services Compensation Scheme (FSCS) has declared Nurture Financial Planning, Cadogan Asset Management and Midhurst Asset Management in default.

Norfolk-based Nurture Financial Planning, trading as Premier IFA, was restricted from providing regulated activities and products by the Financial Conduct Authority (FCA) 7 January 2021, according to the FCA register.  The firm's director Simon Christian Linstead also held compliance oversight and money laundering reporting roles. On 7 May 2019, an administrator was appointed by court application by a creditor, according to Companies House. The firm was incorporated in December 2008, and had reached a turnover of £1,292,172.06 in 2017, according to the administrator's proposal on C...

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