Sixteen advisory firms have been declared in default in the Financial Services Compensation Scheme's (FSCS) latest round-up of failed financial businesses.
A declaration of default means the scheme is satisfied a firm is unable to pay claims for compensation made against it, and opens the way for customers of that firm to make a claim. The 16 life and pensions or investments businesses affected are: Ashley Investment Consultants MCM Independent Financial Advisers (formerly M.H.C Financial Services) PSJ Financial Services; Results Financial RTP Independent Mortgages & Financial Services Blake Independent Financial Services Angela Murfitt Financial Strategy Hobson Financial Planning City Equities Martin-Watson Financial M...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes