FSCS declares 9 firms in default 

The Financial Services Compensation Scheme has declared 9 firms in default, including a number of financial advisers and a Financial Planning business.

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FCA secures £25m more for SIPP investors 

The Financial Conduct Authority has secured £25m more compensation for 4,500 investors in the failed Park First scheme which saw investments sold to a number of SIPP investors.

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FSCS declares 10 financial firms in default 

The Financial Services Compensation Scheme has declared 10 financial firms in default in April and May, including several financial advisers.

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Welsh IFA barred by FCA for compensation failures

Ron Treherne IFA Ltd of Cardiff has had its permission to carry out regulated business removed by the FCA after it failed to pay Financial Ombudsman awards against it.

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