2 firms declared as failed by FSCS

The FSCS has today declared two regulated advice firms as failed, opening the door to compensation claims.

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Editor’s Comment: A festival of fun and learning

 

Along with 2,500 other people, I was fortunate enough to attend the Personal Finance Society’s long-awaited Festival of Financial Planning this week. 

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FSCS withdraws default of IFG Financial Services Ltd

The Financial Services Compensation Scheme has taken the unusual step of withdrawing its default notice on former advice firm IFG Financial Services Ltd (IFGFS).

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Editor’s Comment: FSCS cost and benefits must balance

 

I suspect most Financial Planners roll their eyes these days when they read on Financial Planning Today about another advice firm declared in default by the Financial Services Compensation Scheme.

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