FSCS declares TenetConnect Services in default following client claims

The move, confirmed yesterday (6 October), means that the FSCS will now assess claims from customers who suffered losses linked to advice or services provided by the firm or its appointed representatives (ARs). TenetConnect Services, formerly known as The M & E Network trading as Future Fin, was directly authorised by the Financial Conduct Authority (FCA) and acted as a principal firm to a number of ARs across the UK. It was responsible for the regulated activities carried out by those firms during the relevant period. The FSCS said it would continue assessing individual claims and co...