The Financial Services Compensation Scheme (FSCS) has declared JG Wealth Management, formerly Johnston Gray & Wardrop, in default.
The lifeboat fund confirmed to PA that the Glasgow-based firm was declared in default by the FSCS yesterday (16 April), when the first claim was upheld. So far there are three claims in total relating to investment and pension advice. "JG Wealth Management is no longer trading, so you may be able to make a claim against it," the FSCS' notice stated. According to Companies House filings, the firm was incorporated in March 1990 and was dissolved in April of this year. The Financial Conduct Authority (FCA) register suggests that the firm is no longer registered and can no longer carry...
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