FSCS declares Glasgow firm Atlantic Investors (Scotland) failed

The firm was voluntarily wound up by its director at the end of 2020

Hope Coumbe
clock • 1 min read

Atlantic Investors (Scotland) has been declared failed by the Financial Services Compensation Scheme with applications now opened for claims against it.

The lifeboat fund confirmed the firm had failed on Friday (19 April) and said claims against it could be made by answering a number of straightforward questions. According to Companies House, the firm's director Timothy Twiddy signed a special resolution to wind up in December 2020. He had been director of the firm since its incorporation in 1996. The final gazette to declare the firm dissolved following liquidation was published last August.

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 Regulation

FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read
FCA sets out plans to simplify complaints regime

FCA sets out plans to simplify complaints regime

Including requirement for firms to report complaints involving vulnerable clients

Isabel Baxter
clock 04 December 2025 • 2 min read
FCA looks to boost transparency of ESG ratings providers

FCA looks to boost transparency of ESG ratings providers

Regulator opens consultation

Michael Nelson
clock 01 December 2025 • 2 min read