FSCS investigates advice firm after director's £2.3m fraud charge

Lifeboat fund working with FCA on potential Campbell & Associates claims

Isabel Baxter
clock • 2 min read

Hampshire-based advice firm Campbell & Associates Independent Financial Advice has been placed under investigation by the Financial Services Compensation Scheme (FSCS).

In an update posted by the FSCS today (28 April), it confirmed that it has been working with the Financial Conduct Authority (FCA) to understand whether there are likely to be any valid claims that would allow it to pay compensation. "We have now opened our online claims service to claims," the update on its website said. The FSCS confirmed: "Although we are accepting claims against Campbell & Associates, they will not be immediately passed to our claims processing teams for assessment. "This is because we're still investigating the firm to see if any claims meet the qualifying con...

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

NextGen Planners becomes Plannex

NextGen Planners becomes Plannex

‘We have outgrown the name NextGen’

Isabel Baxter
clock 10 July 2025 • 2 min read
Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Chase de Vere's revenue hits £118.6m driven by acquisitions and client referrals

Profit before tax reaches £31.9m in 2024

Isabel Baxter
clock 08 July 2025 • 2 min read
FE Fundinfo integrates portfolio analysis and cashflow planning solutions

FE Fundinfo integrates portfolio analysis and cashflow planning solutions

FE Analytics and FE CashCalc integrated on Nexus platform

Isabel Baxter
clock 07 July 2025 • 1 min read