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FSCS declares 16 advisory firms in default

by: IFAonline
  • 20/12/2013
  • 0
FSCS declares 16 advisory firms in default
Sixteen advisory firms have been declared in default in the Financial Services Compensation Scheme's (FSCS) latest round-up of failed financial businesses.

A declaration of default means the scheme is satisfied a firm is unable to pay claims for compensation made against it, and opens the way for customers of that firm to make a claim.

The 16 businesses affected are:

  • Ashley Investment Consultants
  • MCM Independent Financial Advisers (formerly M.H.C Financial Services)
  • PSJ Financial Services; Results Financial
  • RTP Independent Mortgages & Financial Services
  • Blake Independent Financial Services
  • Angela Murfitt Financial Strategy
  • Hobson Financial Planning
  • City Equities
  • Martin-Watson Financial Management (formerly ICP Financial Management)
  • Midland Commercial (formerly Midland Commercial Insurance Services)
  • Dolben Insurance Services
  • Wharfland
  • Keep It Simple Financial Management
  • The Davidson Clifford Practice
  • Bervale Mead Insurance Brokers

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