Thousands of DFM clients to get FSCS compensation

The Financial Services Compensation Scheme (FSCS) is to pay compensation to 2,500 clients of discretionary fund manager Strand Capital, which became insolvent in 2017.

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Smith & Williamson appoints new director

Tax adviser and wealth manager Smith & Williamson Fund Administration has announced the appointment of Allan Seldon as a business development director.

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Smith & Williamson boosts Guildford investment team

Tax adviser and wealth manager Smith & Williamson has recruited experienced investment professional Jules Porter from Investec for its Guildford office.

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£236m mini-bond firm goes into administration hitting 14,000

Administrators have been appointed at mini-bond and ISA firm London Capital & Finance (LCF), which has 14,000 bondholders with holdings totalling £236m.

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