FSCS' Independently East investigation nears completion

Advice firm entered liquidation in 2023

Isabel Baxter
clock • 1 min read

The Financial Services Compensation Scheme (FSCS) has confirmed that its investigation into advice firm Independently East is now nearing completion.

This update by the lifeboat fund yesterday (18 February) stated that it has been working closely with third parties to consider available information, which has "helped its investigation and given us an understanding of the firm and its operation". "Our analysis will help confirm whether or not valid claims exist for eligible customers, although there is still some work to do. When our investigation is complete claims will start to be worked by one of our assessment teams," the FSCS said. It thanked claimants for their patience during the investigation process and said it will update ...

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

Clifton Wealth Partnership acquires two South Wales IFAs

Clifton Wealth Partnership acquires two South Wales IFAs

Banyard Independent Advice Services and Wilcox Financial Planning add £68m AUM

Sophia Panayi
clock 03 August 2026 • 2 min read
Five Wealth appoints co-founder Steve Jordan as CEO

Five Wealth appoints co-founder Steve Jordan as CEO

Follows co-founder and chair Phill Dewhurt’s retirement

Sophia Panayi
clock 03 August 2026 • 2 min read
Fintel CEO: Sector must come together to solve data 'problems'

Fintel CEO: Sector must come together to solve data 'problems'

Consumer Duty compliance data gaps

Sophia Panayi
clock 30 July 2026 • 3 min read