Four financial advice firms were declared in default by the Financial Services Compensation Scheme (FSCS) in the month of May.
Two firms in the North West were declared in default - Liverpool-based The O'Rourke Partnership Ltd and Cumbria-based GGC Independent Financial Advice LLP - as well as Glasgow-based Premier Wealth Managers...
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'