FSCS declares British Steel and Elysian Fuels-linked adviser firm in default

17 claims against Channel One FP

clock • 3 min read
FSCS declares British Steel and Elysian Fuels-linked adviser firm in default

The Financial Services Compensation Scheme (FSCS) has declared two financial advice firms in default, one of which advised on British Steel transfers.

One of the two failed advice firms, Channel One Financial Planning LLP, trading as Channel One Financial Services, has been in liquidation since 7 January 2021. The FSCS told Professional Adviser it...

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