Thursday, 20 April 2017 10:35

Failed Financial Planning firm named today by FSCS

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A business described as a Financial Planning firm is among a list of 19 failed firms revealed today.

A number of firms described as offering wealth management were also named this morning by the Financial Sevices Compensation Scheme (FSCS) as being in default.

Cavendish Financial Planning Limited in Coggeshall, Colchester, Essex, Vanguard Wealth Management Limited in Leeds and Advanced Wealth Management Limited in Sheffield were all on the list.

The 19 businesses listed were spread across the UK, from London to Scotland. See list below.

This covers the period from 1 March to 31 March 2017.

A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. Consumers could be in line for compensation for all of the firms listed.

Since its inception in 2001, FSCS said it has helped over 4.5m people, paying out more than £26bn in compensation.

Declarations by FSCS

De Havilland Financial Management, Suite 1, Laybourne House, Admirals Way, London E14 9uh

KPM Uk Taxis Plc, Hemming House, Hemming Street, London E1 5bl

Cavendish Financial Planning Limited,2a Griggs Business Centre, West Street, Coggeshall, Colchester, Essex Co6 1nt

Accord Consultancy Limited, Pera Business Park, Nottingham Road, Melton Mowbray, Leics Le13 0pb

Financial Page Limited, The Fort Offices, Artillery Business Park, Garrison Avenue, Park Hall, Oswestry, Shropshire Sy11 4ad

West Midland Caravans Limited, Unit 3 Spring Hill Industrial Estate, Old Arley, Arlet, Coventry, West Midlans Cv7 8fl

North West
Bafs Limited, Alpha House, 4 Greek Street, Stockport, Chesire Sk3 8ab

1st Ethical Limited, Unit 3a Springfield Road, Bolton, Lancashire Bl3 2nu

Henderson Carter Associates Limited, 13 The Cross, Neston, Merseyside Ch64 9ub

The Mortgage Point Limited, First Floor, 1 Unicersal Square, Devonshire Street, Manchester, Lancashire M12 6jh

Raintree Finance, 22 Riverbank Enterprise Centre, Scout Hill Road, Dewsbury, West Yorkshire Wf13 3rq

Vanguard Wealth Management Limited, York Place Buildings, 6-8 York Place, Leeds, West Yorkshire Ls21 2ds

North East
Alan Hall, George Rainey And Robert Rhoades, 2 Anslem Road, Ne29 8bg

Advanced Wealth Management Limited, 83 Wilkinson Street, Sheffield, South Yorkshire S10 2gj

South West
Ideal Financial Solutions, 50a Willis Way, Poole, Dorset Bh15 3sy

South East
Sfia Limited, 29 High Street, Marlow, Buckinghamshire Sl7 1au

Ardgowan Financial Services Limited, 9 Montgomerie Terrace, Skelmorlie, Ayrshire Pa17 5dt

Added Value Financial Services, 88 Rosslyn Street, Kirkcaldy, Fife Ky1 3ad

Speers & Associates, 2 Glen Road, Bangor, Down Bt20 3su

Last modified on Friday, 21 April 2017 08:34
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