British Steel-linked advice firm goes under FSCS investigation

Inspirational Financial Management entered administration in November

Isabel Baxter
clock • 1 min read

Advice firm Inspirational Financial Management has gone under investigation by the Financial Services Compensation Scheme (FSCS).

The Huddersfield-based advice firm went under investigation by the FSCS yesterday (4 December) since entering administration on 30 November 2023.  According to the FSCS, Inspirational Financial Management is associated with the British Steel Pension Scheme scandal. The lifeboat fund is now considering claims against the firm and said its clients should check to see if they are eligible for compensation. According to Companies House, Inspirational Financial Management was incorporated on 2 April 1998 and was previously named Will Writers. In 2017, many British Steel workers were ...

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 Companies

Tyne and Wear advice firm declared failed by FSCS

Tyne and Wear advice firm declared failed by FSCS

Hanson Financial Partners is no longer trading

Isabel Baxter
clock 16 January 2026 • 2 min read
CII to move global HQ

CII to move global HQ

Based at 30 Old Broad Street from March

Isabel Baxter
clock 14 January 2026 • 2 min read
W1M adds £2bn in AUM with Vermeer Partners acquisition

W1M adds £2bn in AUM with Vermeer Partners acquisition

Deal expected to complete in the spring

Isabel Baxter
clock 13 January 2026 • 2 min read