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FSCS opens probe into Dorset firms over BSPS advice

The Financial Services Compensation Scheme has launched an investigation into a duo of connected Dorset financial adviser firms following advice given to members of the British Steel Pension Scheme.

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Hampshire-based adviser firm fails

The Financial Services Compensation Scheme (FSCS) has declared Farnham, Hampshire-based Finsbury Financial Limited (FRN: 503294) as failed.

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Manchester-based pension transfer adviser fails

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

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BSPS-linked Sheffield IFA firm fails

The Financial Services Compensation Scheme (FSCS) has declared Sheffield-based Abbey Lane Financial Associates Limited (FRN 649170) as failed.

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