Niche Independent Financial Advisers has stopped trading as of this month, according to the Financial Services Compensation Scheme (FSCS), and undergoing investigation into connections it may have with British Steel Pension Scheme (BSPS) claims.
The Newport-based firm was flagged as ‘under investigation' by the lifeboat fund on Friday (26 May) along with a note confirming the IFA stopped trading this moth. Despite this, the Financial Conduct Authority register still shows the firm as actively trading. The IFA has also traded under the name Niche Pension Specialists, though the website for that trading name is no longer available to view. According to the register, the firm's current pension permissions do not extend to advice relating to pension transfers. The news of the FSCS' latest investigation into a firm with links t...
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