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  • FSCS extends investigation into WealthTek

    The Financial Services Compensation Scheme (FSCS) is to open further investigations into failed wealth manager WealthTek as it makes ‘substantial progress’ on client payouts.

  • WealthTek boss John Dance set for trial

    The former principal partner of wealth manager WealthTek, John Dance, is to stand trial in connection with allegations of a £64m fraud and money laundering charges.

  • Wealthtek clients' compensation to be higher

    Clients of failed Newcastle-based wealth manager WealthTek LLP will make a smaller contribution to the costs of the administration than previously estimated, after a fresh judgment in the case last week.

  • FSCS pays £26.6m to WealthTek administrators

     

    The Financial Services Compensation Scheme has made a first payment of £26.6m to the Joint Special Administrators of failed Newcastle-based wealth manager WealthTek LLP.

  • FCA orders wealth manager to halt trading as arrest made

    FCA HQ
  • Administrators uncover £81m shortfall at WealthTek

    FCA office
  • Customers of collapsed WealthTek set for payout

    FSFC website
  • FCA secures Restraint Order against WealthTek

    FCA logo
  • High Court orders WealthTek to return client assets

    FCA logo

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