IFA with links to multi-asset fund subject to SFO probe declared failed

FSCS receives 25 pension claims about Shropshire advice firm

Ayesha Venkataraman
clock • 2 min read
IFA with links to multi-asset fund subject to SFO probe declared failed

The Financial Services Compensation Scheme (FSCS) has declared the Shropshire-based advice firm Nationwide Benefit Consultants Limited (NBCL) and Devon-based Trust Financial Consulting (TFC) in default.

One of the two firms, NBCL, acted as an appointed representative (AR) of Joseph Oliver Mediação de Seguros, Lda - a Portuguese firm regulated by the Instituto de Seguros de Portugal - between 29 Ma...

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