Seven advice firms declared in default by FSCS in February

15 in total

Sophie King
clock
Seven advice firms were declared in default in January.
Image:

Seven advice firms were declared in default in January.

The Financial Services Compensation Scheme (FSCS) declared seven financial advice firms in default in February 2020.

The lifeboat fund named Hampton-based NJ Associates and Wimbledon-based Hector McLean Financial Consultants in default, as well as Nottingham-based Intuitive Financial Associates. Milton Keynes-...

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.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Companies

Image: The latest market news and analysis

Market Movers: Lenders halt mortgage deals amid gilt market turmoil

Move comes in response to market volatility following the Mini Budget

Investment Week
clock 27 September 2022 • 1 min read
M&G Recovery and M&G Absolute Return Bond funds were rated unsatisfactory

Two thirds of M&G AUM fails to meet performance expectations

95.8% deemed to deliver value overall

Elliot Gulliver-Needham
clock 01 August 2022 • 1 min read
Kingswood acquires Hampshire IFA in sixth deal of the year

Kingswood acquires Hampshire IFA in sixth deal of the year

‘Reinforces our presence in Hampshire’

Ayesha Venkataraman
clock 01 August 2022 • 2 min read