FSCS declares Gloucestershire advice firm IFS Aegis in default

Stonehouse firm is no longer trading and cannot carry out regulated activity

Isabel Baxter
clock • 1 min read

The Financial Services Compensation Scheme (FSCS) has declared IFS Aegis as failed.

The Gloucester-based pensions advice firm was failed last week (15 December) and can no longer provide regulated activities. The FSCS told Professional Adviser that it has received two claims so far and none relate to the British Steel Pension Scheme (BSPS) According to Companies House, the firm was incorporated on 23 July 2012, was dissolved on 10 July 2018, and was previously known as Authorised Financial Advisers. This latest action by the lifeboat fund comes days after it failed Birmingham-based BlueSky Wealth Management on 12 December as it was associated with the BSPS scandal.

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