The Financial Services Compensation Scheme (FSCS) has declared two financial advice firms in default, both of which advised on British Steel transfers.
One of the three failed advice firms, County Capital Wealth Management Limited, trading as The Pension Review Service and Fathom, has been in liquidation since 8 May 2020, according to the Financial Conduct Authority (FCA) register. The firm's director, Mark Antony Abley also holds compliance oversight and money laundering reporting roles. The majority of the firm's shares are divided between Abley (49 shares), and the firm's secretary, Catherine Abley (48 shares), according to a statement of affairs notice published on 10 May, 2022 on Companies House. The FSCS told Professional Advis...
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