Financial Services Compensation Scheme

Nearly 1,500 complaints have been made against the SIPP provider

Stonehouse firm is no longer trading and cannot carry out regulated activity

BlueSky Wealth Management was placed into liquidation in April

All claims are related to self-invested personal pensions advice

Geoffrey Armin to pay £200,000 to FSCS after £4m handed out in redress

Wellington Court Financial Services cannot carry out regulated activity

Darren Reynolds and Andrew Deeney are banned from financial services

Three quarters of advised adults use an IFA from a financial advice firm

This comes after the body said it would take a ‘more proactive approach’

The firm has increased its engagement with third parties since 2022