Birmingham adviser firm goes into default following store pods SIPP advice

Entered administration 30 December

Hannah Godfrey
clock • 1 min read

Birmingham-based adviser firm Anthony Feeney Financial Services has entered administration following a number of pension and investment claims made against it.

The firm entered administration on 30 December 2019. Any upheld claims made against it will now fall onto the shoulders of the Financial Services Compensation Scheme (FSCS).  The lifeboat fund told PA it has received 45 claims against the firm so far. Two have been successful, with £82,500 paid in compensation, while one was unsuccessful, leaving 43 claims in progress.  Earlier this year Professional Adviser revealed Liverpool-based law firm Smooth Commercial Law were working with around 20 clients of Anthony Feeney FS. Most of the cases were, at the time, headed towards a Financia...

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