FSCS declares 12 advice firms in default in June and July
Levy partly determined by claims
The Financial Services Compensation Scheme (FSCS) has declared 12 financial advice firms in default in June and July.
There were 17 firms declared in default altogether of which 12 were financial advice firms, the FSCS confirmed. The number of firms in default has dropped since April and May, when 25 firms were declared...
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