FSCS declares 2 pension advice firms in default

The Financial Services Compensation Scheme (FSCS) has declared two pension advice firms in default.

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FSCS probes BSPS adviser which used 38 trading names 

Pension transfer adviser Better Retirement Group Ltd, a firm which has used nearly 40 trading names, has today been placed under investigation by the Financial Services Compensation Scheme.

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FSCS declares 2 advice firms have failed

 

Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.

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Exclusive: FSCS dealing with nearly 3,000 Rowanmoor claims

The FSCS has received nearly 3,000 claims against 116 advice firms involved in recommending pension products from failed SIPP firm Rowanmoor.

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