Seven advice firms declared in default by FSCS in February

15 in total

Sophie King
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) declared seven financial advice firms in default in February 2020.  The lifeboat fund named Hampton-based NJ Associates and Wimbledon-based Hector McLean Financial Consultants in default, as well as Nottingham-based Intuitive Financial Associates. Milton Keynes-based Totus Capital Limited, which formerly traded as STG Financial Services and Totus Wealth Matters, were also declared as failed. In the north east, Humberside-based Asset Independent Financial Advisors, formerly Asset Independent Mortgages as well as WJR Wealth Management...

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