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FSCS names 6th failed firm this month

Macclesfield-based pension adviser The Chambers Partnership Ltd (FRN 495472) has been declared in default by the FSCS, opening the door to at least one compensation claim.

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2 investment advisers declared as failed by FSCS

Two investment advice firms have been declared as failed by the Financial Services Compensation Scheme.

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FSCS faces potential £124m bill over Rowanmoor failure

 

The Financial Services Compensation Scheme faces a payout of up to £124m after declaring collapsed SIPP and SSAS firm Rowanmoor as failed.

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Editor’s Comment: The advice experiment

 

Perhaps not surprisingly the Association of British Insurers has concluded, after carrying out an advice experiment, that personalised guidance really can work.

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