FSCS declares 11 adviser firms in default during Q3

35 regulated firms in default

clock • 1 min read

The Financial Services Compensation Scheme (FSCS) declared 11 adviser firms in default between 1 August and 31 October

Lifeboat fund FSCS declared adviser firms Valiant Financial Consultants and Strathearn Insurance Services from Greater London and St Martin's Partners from Essex in default. From the North East, it declared Gateshead-based adviser firm N-Hanced in default, along with North West firms AETC Associates and Blackstone Independent Financial Advisers. Elsewhere on the list was Brighton-based WSW Financial Services, West Sussex-based Property Finance Solutions and Bristol's Gerard Associates. CPPT Services, which was formally Central Financial Planning, was also among the 11 adviser firms...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Advisers see rise in client anxiety ahead of Autumn Budget

Advisers see rise in client anxiety ahead of Autumn Budget

Royal London research findings

Jenna Brown
clock 22 October 2025 • 3 min read
Six ways to make income protection the no-brainer

Six ways to make income protection the no-brainer

"Your tone should reflect leadership, not persuasion"

Ash Borland
clock 22 October 2025 • 4 min read
COVER Women in Protection and Health Awards 2026: Open for nominations

COVER Women in Protection and Health Awards 2026: Open for nominations

Deadline 14 November

COVER
clock 16 October 2025 • 1 min read