The Financial Services Compensation Scheme (FSCS) has received 34 complaints from former Active Wealth UK clients, the adviser embroiled at the centre of the British Steel Pension Scheme controversy.
The compensation fund is yet to make any payments to Active Wealth UK customers and could not give an estimate of the eventual cost the claims might add up to. In February, Active Wealth entered liquidation...
To continue reading this article...
Join Professional Adviser
- 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.
- Tap into our community intellignece through our regular Pro Adviser poll.
- Be the first to hear about our events and awards programmes.
