BSPS-linked Sheffield IFA firm fails
- Monday, 25 March 2024
- Articles
The Financial Services Compensation Scheme (FSCS) has declared Sheffield-based Abbey Lane Financial Associates Limited (FRN 649170) as failed.
Read more...FCA bans 2 'incompetent' Wales BSPS advisers
- Monday, 27 November 2023
- Articles
The FCA has banned Nigel Lewis and Susan Jones of West Wales Financial Services Limited (in liquidation) (FRN: 756482) from advising customers on pension transfers and pension opt outs after accusing them of performing "a double act of carelessness and incompetence" in relation to BSPS advice.
Read more...Swansea adviser banned and fined for 'negligent' BSPS advice
- Tuesday, 03 October 2023
- Articles
Swansea financial adviser Simon Hughes has been banned by the FCA and made to pay £158,600 redress for “negligent” pension advice which has led to £8m compensation being paid to his BSPS-member clients.
Read more...40 adviser firms fail with BSPS claims
- Monday, 11 September 2023
- Articles
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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