FSCS

FCA revoked its authorisation in September 2023

PSG SIPP administered schemes transferred or to be acquired

Including Pro-Synergy Wealth & Tax Management and Green Gem Financial

Pro-Synergy Wealth & Tax Management had ten claims against it

City & Merchant went into liquidation on 11 September

The editor's Friday Night Takeaway from 6 September

Advice firm declared in default after first claim was upheld

FSCS anticipates ‘complex’ claims investigation

Nearly a year after parts of the business were shut down and sold off

‘Larger failures impacted the number of claims we were able to complete’