FSCS names 13 failed firms between August and November

Latest firm declared in default was Independently East

Isabel Baxter
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has declared 13 firms in default between August and November.

The lifeboat fund has confirmed that the 13 firms were declared in default in the last four months, meaning they have gone out of business and are unable to meet any claims themselves. The following firms were declared in default by the FSCS: Firm Address Date declared in default Pello Capital Limited formerly Cornhill Capital Limited (FRN 449720) 7th Floor 10 Lower Thames Street London EC3R 6AF 26/11/25 Independently East Limited (FRN 488046) 74 Russell Road Walton-on-Thames Surrey KT12 2LA  19/11/25 Tullycarnet Credit Unio...

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

Isabel Baxter
Author spotlight

Isabel Baxter

Chief Reporter at Professional Adviser

More on Companies

CII to move global HQ

CII to move global HQ

Based at 30 Old Broad Street from March

Isabel Baxter
clock 14 January 2026 • 2 min read
W1M adds £2bn in AUM with Vermeer Partners acquisition

W1M adds £2bn in AUM with Vermeer Partners acquisition

Deal expected to complete in the spring

Isabel Baxter
clock 13 January 2026 • 2 min read
Quilter partners with Standard Life to launch smoothed funds

Quilter partners with Standard Life to launch smoothed funds

Available for advisers on the Quilter platform

Isabel Baxter
clock 12 January 2026 • 2 min read