Editor’s Comment: A costly legacy of firm failure

It’s been a bad week for some adviser firms with no fewer than seven being declared as failed or under investigation by the Financial Services Compensation Scheme.

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FSCS declares 5 firms as failed or under investigation

Redditch-based Go IFA Ltd has become the fifth advice firm this week to be declared as failed or under investigation by the FSCS.

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Manchester-based pension transfer adviser fails

The Financial Services Compensation Scheme (FSCS) has declared Manchester-based Pension Advice Specialists Ltd (FRN: 792927) as failed.

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2 investment advisers declared as failed by FSCS

Two investment advice firms have been declared as failed by the Financial Services Compensation Scheme.

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