Blankstone Sington declared failed by FSCS following administration

The Liverpool DFM entered special administration in October 2023

Isabel Baxter
clock • 1 min read

Discretionary fund manager Blankstone Sington has been declared failed by the Financial Services Compensation Scheme (FSCS).

This action by the FSCS on 6 January came after the firm entered special administration on 16 October 2023 following a court order. Blankstone Sington went into the hands of Leonard Curtis administrators Andrew Poxon, Alex Cadwallader and Hilary Pascoe. The confirmation of the Liverpool businesses' fate was confirmed by the Financial Conduct Authority (FCA) after it took action against Blankstone Sington in November 2021 to prevent it from accepting new clients, disposing or diminishing the value of its assets, or accepting new custody assets from its existing clients. According to...

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

M&G's PruFund posts £100m net outflows in Q1

M&G's PruFund posts £100m net outflows in Q1

Gears up for third-party adviser platforms launch

Isabel Baxter
clock 07 May 2026 • 3 min read
Corbel Partners makes 18th acquisition and rolls out tech platform phase two

Corbel Partners makes 18th acquisition and rolls out tech platform phase two

Five more deals in the pipeline for 2026

Isabel Baxter
clock 07 May 2026 • 2 min read
Absolute acquires four IFA firms creating Northwest hub

Absolute acquires four IFA firms creating Northwest hub

Adds £577m in assets under advice

Isabel Baxter
clock 07 May 2026 • 2 min read