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

What investors can expect from the new Labour government

What investors can expect from the new Labour government

Clarity and stability on the back of the ‘supermajority’ win

Cristian Angeloni
clock 08 July 2024 • 5 min read
Consumer Duty Alliance and Model Office launch diagnostic platform

Consumer Duty Alliance and Model Office launch diagnostic platform

Ahead of Consumer Duty’s first anniversary at the end of July

Isabel Baxter
clock 26 June 2024 • 1 min read
Regulatory changes ranked top threat faced by asset managers

Regulatory changes ranked top threat faced by asset managers

Regulatory changes cited the top threat by 41%, FE fundinfo finds

Isabel Baxter
clock 25 June 2024 • 1 min read