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FSCS declares 12 firms in default in 2 months

The Financial Services Compensation Scheme (FSCS) has declared 12 regulated firms in default in February and March.

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Redmayne to acquire Blankstone Sington client assets

Wealth manager and stockbroker Redmayne Bentley is to acquire the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington, subject to regulatory and court approval.

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FSCS declares Glasgow firm as failed over SIPP claims

The Financial Services Compensation Scheme (FSCS) has declared Glasgow-based Atlantic Investors (Scotland) Ltd (FRN: 182565) as failed.

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Men are biggest victims of £2bn pension and SIPP losses

Almost £2bn has been lost from UK pension pots and SIPPs since 2019 because of financial advisers and providers going out of business, according to new data from the Financial Services Compensation Scheme.

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