FSCS declares Gloucestershire advice firm IFS Aegis in default

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.