FSCS opens for claims against Leicester financial planning firm

In an update shared on its website on Thursday (25 September), the FSCS confirmed that an initial investigation had concluded that there "may be valid claims" against Trust Financial. The claims are likely to be in connection with preference shares issued by the business, the FSCS noted. However, it set out that "at this stage" it remains uncertain as to whether the FSCS will be able to pay compensation.  The FSCS will now look to ascertain whether claims against Trust Financial meet the required conditions for the scheme to pay compensation. A further update is expected "in due co...