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

Was Aberdeen's financial planning arm ever going to work?

Was Aberdeen's financial planning arm ever going to work?

‘It was never going to be easy’

Justin Cash
clock 20 August 2025 • 4 min read
All the advice firm acquisitions that have taken place in 2025

All the advice firm acquisitions that have taken place in 2025

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 20 August 2025 • 3 min read
Most IFAs do not expect FCA's advice/guidance proposals to change demand

Most IFAs do not expect FCA's advice/guidance proposals to change demand

IFAs are positive overall about the changes for clients

Isabel Baxter
clock 11 August 2025 • 1 min read