Arch cru and carbon credit advisers on FSCS' latest list of defaults

Archer Bramley director Anthony Clark was found responsible for £650,000 of investors losses relating to six investments in a carbon credit scheme in January 2013. According to claims management company Rebus, which at the time pursued action on behalf of about 500 clients against 90 advisers, Clark was found by Financial Ombudsman Service (FOS) to have promoted the Carbon Trading Partnership, an unregulated collective investment scheme, to clients without conducting proper assessments relating to their suitability. Archer Bramley appeared alongside a raft of other advice firms, inclu...