PH7 Wealth Management has been declared in default by the Financial Services Compensation Scheme (FSCS)
In a post released on Friday 12 April, the lifeboat fund stated that the Lancashire-based firm is no longer trading so claims can be made against it. The FSCS told Professional Adviser that it has had one claim against it so far for self-invested personal pensions advice. According to the Financial Conduct Authority register, PH7 Wealth Management was restricted from providing regulated activities and products on 9 December 2022. The West Yorkshire firm was incorporated on 6 January 2014 and was dissolved on 3 October 2023, according to Companies House. This latest action by the...
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