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Customers of collapsed WealthTek set for payout

Customers of collapsed Newcastle-based wealth manager WealthTek are likely to have any losses refunded by the Financial Services Compensation Scheme up to the scheme’s £85,000 limit per person.

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3 adviser firms fail due to pension complaints

 

The FSCS has declared three financial adviser firms as failed, opening the door to compensation claims from ex-clients.

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FSCS opens probe into failed Surrey adviser firm

The Financial Services Compensation Scheme has opened an investigation into Surrey adviser firm Independently East Ltd (FRN488046) after the firm entered compulsory liquidation earlier this week.

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40 adviser firms fail with BSPS claims

Forty financial advice firms hit by BSPS claims have so far failed with a further seven under investigation, latest FSCS data shows.

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