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...
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