British Steel Pension Scheme (BSPS) linked firm Mark Peter Houlbrook, trading as Thorn Investment & Pension Services, has been declared in default by the Financial Services Compensation Scheme (FSCS).
The West Yorkshire-based firm was declared in default by the lifeboat fund today (28 August). One claim against it has so far been upheld. There were three claims in total, but two have been rejected. The claims relate or related to pension transfers and self-invested personal pensions. Thorn Investment & Pension Services was also involved with BSPS-related advice. According to the Financial Conduct Authority (FCA) register, the firm has not been authorised since July 2020, meaning it can no longer provide regulated activities and products. Thorn Investment & Pension Services had b...
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