FSCS declares St Albans-based financial advice firm in default

MNFS was declared failed last Friday (22 September). The lifeboat fund said this company has stopped trading so customers may be able to make a claim against it. The FSCS said its clients should check to see if they are eligible for compensation. The firm, which provided pension advice including employee benefits and self-invested personal pensions, was registered by the Financial Conduct Authority's on 24 February 2011. According to Companies House, the firm was incorporated on 5 August 2011. The FSCS told Professional Adviser that there are four claims against this firm, two of w...