The Financial Services Compensation Scheme (FSCS) has declared Hanson Financial Partners in default after receiving claims against its advice.
The FSCS told Professional Adviser that is has received four claims so far relating to Hanson Financial Partners' life distribution, pensions & investment intermediation advice. One claim has now been upheld triggering the default declaration and the FSCS confirmed that none are related to the British Steel Pension Scheme. The Tyne and Wear advice firm is no longer authorised by the Financial Conduct Authority (FCA) and has not been permitted to carry out regulated activities since 16 October 2019. According to the FCA Register, Hanson Financial Partners previously held authorisati...
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