Wave of firms fall into FSCS pot

While there has been nothing specific to trigger this growth in default firms, according to a spokesperson for the FSCS, there has been a steady increase in the number of endowment claims being submitted by consumers, so it is likely many of the companies listed are as a result of consumer claims against advice given on low-cost endowment mortgages. Among the firms listed included in today’s declarations – which appear to include a mixture of insurance and mortgage brokers – were the remaining directors of Tudor House Financial Services. Partners at Wrexham-based Tudor House Financial Ser...