FSCS declares Sheffield IFA failed

Two claims received so far against Peter Kettell

Isabel Baxter
clock • 2 min read

IFA Peter Kettell has been declared as failed by the Financial Services Compensation Scheme (FSCS).

The Sheffield-based financial adviser was declared in default on Friday (17 October). The FSCS confirmed that it has received two claims so far against Peter Kettell, relating to insurance, pensions and investment advice. One claim has now been upheld which trigged the default declaration. In an update on its website, the lifeboat fund shared that the firm is no longer trading, so it has opened claim against it. Peter Kettell is no longer authorised according to the Financial Conduct Authority's (FCA) register. The IFA became registered in 2003 and has not been authorised since Jun...

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

MKC Wealth acquires four IFA firms

MKC Wealth acquires four IFA firms

Retiring advisers hand over their businesses

Isabel Baxter
clock 15 October 2025 • 2 min read
Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Fairstone revenue rises 21% as firm targets £40bn in assets by 2030

Group reaches 100th DBO deal and expands digital advice service Mineral

Sahar Nazir
clock 14 October 2025 • 1 min read
Tatton records 5% uptick in IFA numbers reaching 1,170

Tatton records 5% uptick in IFA numbers reaching 1,170

Perspective contract ends January 2026 but asset manager confident in AUM target

Isabel Baxter
clock 14 October 2025 • 1 min read