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Firm filed intention to appoint administrator
The Financial Services Compensation Scheme (FSCS) is currently finalising the claims process for Fyshe Horton Finney (FHF), a stockbroker that entered the special administration regime (SAR) earlier this year.
The technology firm behind the Cofunds platform is in talks to run a full platform service for the company, IFAonline understands.
Platform software provider FNZ has reported pre-tax profits of £20.7m for 2011 - double its predicted target.