FSCS compensates 3000 more Beaufort clients following collapse

2,000 clients to go

Hannah Godfrey
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“Most Beaufort clients have now gained access to their money and assets, after months of hard work by FSCS and PwC" - FSCS's Mark Neale
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“Most Beaufort clients have now gained access to their money and assets, after months of hard work by FSCS and PwC" - FSCS's Mark Neale

A further 3,000 former clients of collapsed discretionary fund manager Beaufort Securities have been compensated by the Financial Services Compensation Scheme (FSCS), the lifeboat fund has revealed.

The former clients have been transferred to broker The Share Centre and a tranche of assets are being returned to them. According to the FSCS, clients were able to access their transferred money and...

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