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Car investment company placed in default by FSCS

Car leasing investment company Raedex Consortium Ltd (FRN 668924), trading as Wheels4Sure and Rent2Own Cars, has been declared in default by the Financial Services Compensation Scheme.

Specialist expat Planner declared in default

The Financial Services Compensation Scheme (FSCS) has declared AXG Advice Ltd (FRN: 450813) as having failed.

Essex financial advisers declared in default

Colchester-based financial advisers Mr G and Mrs P Speller - trading as Solutions Financial Services (FRN 457106) - have been declared in default by the Financial Services Compensation scheme 11 years after losing their FCA authorisation.

FSCS declares pension advice firm in default

Glasgow-based pension adviser firm Executive Benefit Consultancy Ltd (FRN: 207482) has been declared in default by the Financial Services Compensation scheme.

Scottish adviser declared in default over investment advice

East Lothian-based adviser firm Money Advice Partnership Ltd (FRN: 715880) has been declared in default by the Financial Services Compensation Scheme.

40 firms declared in default by FSCS this year

So far this financial year the Financial Services Compensation Scheme has declared 40 firms in default, opening the door to ex-clients to submit claims for millions of pounds of compensation.

Cheshire-based adviser firm in default

Cheshire-based adviser firm Holborn Assets Ltd (FRN 648817) has been declared in default by the FSCS, opening the door to ex-clients to submit claims for compensation.

13 firms declared in default in 2 months

The FSCS has today published details of the 13 regulated firms declared in default in the last two months and revealed details of the top 5 firms - in terms of compensation paid out - so far this year.

Staffs adviser defaults after pension transfer claims

Staffordshire-based advice firm Norrix Financial Services Ltd (FRN: 224577) has been declared as in default by the Financial Services Compensation Scheme (FSCS).

FSCS declares 6 adviser firms in default

The Financial Services Compensation Scheme (FSCS) - the industry’s consumer compensation safety-net - has declared six firms in default over the past two months.

Scots Planning firm declared in default

Scottish Financial Planning partnership Advice & Wealth Management Solutions LLP has been declared in default by the Financial Services Compensation Scheme (FSCS).

FSCS declares Huddersfield BSPS-linked firm in default

The Financial Services Compensation Scheme has declared BSPS-linked adviser firm Mark Peter Houlbrook (FRN: 498168) in default over pension transfer advice, opening the door to compensation for ex-clients with valid claims.