The Financial Services Compensation Scheme has declared pensions and investment advice firm Suber PCS in default.
The Northamptonshire firm was declared failed on 8 July after ceasing to trade after the FSCS received 25 claims against it relating to general investment with one upheld triggering the default declaration. According to the FSCS, customers who may have lost money as a result of the firm's regulated activities could now be eligible to make a compensation claim. Suber PCS was authorised by the Financial Conduct Authority to advise on pensions and investments and appeared on the regulator's register until its permissions were cancelled following its failure. The FSCS said: "Suber PCS ...
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