Scottish advice firm with seven oustanding claims named in default by FSCS

Seven claims against business

Ayesha Venkataraman
clock • 4 min read

The Financial Services Compensation Scheme (FSCS) has declared Scottish financial advice business Integrity IFA Ltd in default on 27 April.

The firm, trading as trading as Dewar and Partners, Scottish Landlords Insurance, and Wood and Ker, was restricted from paying out dividends and disposing of assets without written consent by the Financial Conduct Authority (FCA) on 4 November 2021, according to the FCA register. The regulator also ordered it to secure all books and records and preserve all information and systems relating to electronic money service. The firm has one active executive director, Stephen William Davidson, who also held the roles of compliance oversight and money laundering officer, according to the FCA reg...

To continue reading this article...

Join Professional Adviser for free

  • 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 Your Business

ValidPath CEO warns IFAs are delaying succession planning too long

ValidPath CEO warns IFAs are delaying succession planning too long

‘You'll have far more likelihood to be able to sell on your terms if you plan early’

Isabel Baxter
clock 17 March 2025 • 4 min read
The business of advice: Marlene Outrim shares leadership insight

The business of advice: Marlene Outrim shares leadership insight

First in a series of interviews with advice business owners

Jenna Brown
clock 17 March 2025 • 6 min read
Finfluencers: Challengers or collaborators?

Finfluencers: Challengers or collaborators?

Social media a key information source for younger consumers

Sahar Nazir
clock 17 March 2025 • 4 min read