The Financial Services Compensation Scheme (FSCS) has declared Asset Independent Financial Advisor (Asset IFA) as a failed firm.
The FSCS stated that the company "has failed, or is in special administration". The lifeboat fund told Professional Adviser the firm began being wound up on 20 November 2019 and, to date, has received 150 complaints against Asset IFA. The Hull-based advice firm, which also trades as Asset IFA, Asset Independent Mortgages and Home Estate, was appointed Solihull-based Sanderlings Andrew Fender as the firm's liquidator. The good guys shouldn't pay: Help campaign for FSCS reform A note on the Financial Conduct Authority's (FCA) website showed that the firm was ordered to immediately c...
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