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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5 regulated firms default in June and July

The Financial Services Compensation Scheme declared five regulated firms in default in June and July.

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11 firms in default including advice businesses  

The Financial Services Compensation Scheme has declared 11 firms in default in April and May, including several Financial Planning and advisory firms and a number of credit unions.

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FSCS steps in as fifth credit union fails 

The Rainbow Saver Anglia Credit Union Limited in Suffolk has been declared in default with the FSCS stepping in to protect 463 remaining members.

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