Kerry Nelson's Nexus IFA declared failed by FSCS

After investigation finished in June 2025

Isabel Baxter
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has declared Nexus Independent Financial Advisers (Nexus) failed.

An update from the lifeboat fund yesterday (5 February) confirmed that it is now accepting claims against Nexus after it completed its investigation in June last year. The FSCS set out that it is working with the administrators while it investigates whether customers who have submitted claims are eligible for compensation. "Until we have finished our investigations, we cannot say whether we will be able to pay claims against Nexus Independent Financial Advisers," it stated. Nexus was placed in administration on 26 January 2023, with Nicola Layland and Carl Faulds from Leonard Curti...

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