Doncaster-based finance firm Switch Lifestyles Ltd (FRN: 842488) has been declared in default by the Financial Services Compensation Scheme.

The Financial Services Compensation Scheme has so far paid out almost £50m in compensation to victims of the Ethical Forestry Limited investment fraud.

Norwich Financial Planning firm Signpost Financial Planning Ltd (FRN: 575237) has been declared in default by the Financial Services Compensation Scheme.

Campbell & Associates Independent Financial Advice Ltd (FRN: 602550), whose director has been facing a £2.3m fraud charge, has today been declared as failed by the Financial Services Compensation Scheme.

Hanson Financial Partners (FRN529347), a Financial Planning firm based in the North East, was declared in default today by the Financial Services Compensation Scheme.

The FSCS has declared two failed financial adviser firms in default, opening the door to ex-clients with valid claims to seek compensation.

The Financial Services Compensation Scheme is expecting a £9.5m fall in the cost of claims in its current financial year due to an overall reduction in the number of complaints.

The Financial Services Compensation Scheme has this week declared as failed WJR Financial Solutions Ltd of Sunderland after receiving a number of claims against the firm.

The Financial Services Compensation Scheme (FSCS), the industry-funded consumer compensation body, declared 13 regulated firms in default between August and November, it reported today.

The FSCS has opened a probe into a Facebook-advertising 'socially conscious' alternative investment firm which has now gone into liquidation.

City-based investment firm Pello Capital (FRN 449720) has been declared in default by the Financial Services Compensation Scheme.

Surrey-based financial adviser Independently East Limited (FRN 488046) has been declared in default today by the Financial Services Compensation scheme.

The FSCS's deposit protection limit will increase by £35,000 from £85,000 to £120,000 from 1 December, the Prudential Regulation Authority has confirmed.

FSCS chief executive Martyn Beauchamp has forecast that the Financial Services Compensation Scheme levy, paid by regulated firms, will fall in the FSCS 2026/27 funding year.

PTC Financial Advice (Scotland) Limited (FRN: 816036), has been declared in default by the FSCS, the industry compensation safety net.

The FSCS has declared a Scottish adviser firm in default after it appeared that insurance premiums, and potentially investment contributions, were not being passed on to providers.

The Financial Services Compensation Scheme has declared London Court Ltd, trading as My Investment Hub, Venicap (FRN: 146522) based in Kensington Church Street in London, as failed.

The Financial Services Compensation Scheme has declared Greenhill (Life & Pensions) Ltd (FRN: 126761), of Beaconsfield, Bucks, as failed.

675-member Waltham Forest Council Employee Credit Union Limited (FRN: 213408) has gone into administration and been declared in default by the Financial Services Compensation Scheme (FSCS).

The Financial Services Compensation Scheme has placed Leicester-based Trust Financial Planning Limited (FRN: 407457) under investigation.