FSCS Confirms Defaults of 12 Companies
The Financial Services Compensation Scheme (FSCS) has confirmed that 12 firms were declared in default in February and March 2024.
The Financial Services Compensation Scheme (FSCS) has confirmed that 12 companies were declared bankrupt in February and March 2024.
The following companies have gone bankrupt and are unable to pay any claims themselves:
- Pension Advice Specialists Limited, trading as Ashworth Wealth (FRN 792927), located at Marshall House, 2 Park Avenue, Sale, M33 6HE
- Abbey Lane Financial Associates Limited (FRN 649170), located at 15 Chapel Street, Woodhouse, Sheffield, S13 7JL
- Aqua Financial Services Limited, formerly known as Aqua IFA Limited (FRN 228652), located at Kingsley Hall, 20 Bailey Lane, M90 4AN
- Strategic Investment Solutions Limited, formerly known as Cobco (291) Limited, trading as Denton Mortgages & Loans (FRN 230902), located at 55-57 Wilmslow Road, Handforth, Cheshire, SK9 3EN
- Fresh Financial Solutions LLP (FRN 471129), located at Scottish Provident House, 7 Donegall Square West, Belfast, Northern Ireland, BT1 6JH
- A.P. Financial Services UK Limited, trading as Pella Associates, GW Financial Planning Services (FRN 218973), located at Unit 2, Uffcott Farm, Wiltshire, SN4 9NB
- Hartley Pensions Limited (FRN 735936), located at 26 Grosvenor Street, London W1K 4QW
- Frodsham Financial Planning Limited, formerly known as Tom Carroll Associates Financial Planning Limited (FRN 214554), located at 818 Manchester Road, Castleton, Rochdale, OL11 3AW
- Sterling Green Limited, trading as Sterling Green Loans, beyondcomparison (FRN 469956), located at Grosvenor House, 3 Chapel Street, Congleton, CW12 4AB
- Abana Unipessoal Lda, formerly known as Abana Lda (FRN 597069), located at Avenida 25 de Abril 1011, N.º 50, Cascais, 2750515, Portugal
- Blankstone Sington Limited, trading as BS CFDs (FRN 143694), located at Walker House Exchange Flags Liverpool L2 3YL
- Dial4aloan Limited (FRN 305186), located at Mere Way, Ruddington Fields Business Park, Ruddington, Nottingham, NG11 6NZ
If regulated financial firms cease trading and are unable to pay customer claims, the FSCS can intervene to pay compensation.
The FSCS is independent, and its services are free to customers. Its protection covers funds in bank, building society, and credit union accounts. The FSCS also protects pensions, financial advice, insurance, investments, mortgage advice and arrangements, debt management, and funeral plans.
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
