Two advice firms with 18 claims against them declared in default

clock • 1 min read
Two advice firms with 18 claims against them declared in default

The Financial Services Compensation Scheme (FSCS) has declared two financial advice firms, Juno Moneta Capital Management Ltd and Westbury Private Clients LLP, in default. Swansea-based Westbury Private Clients LLP was restricted from holding client money by the Financial Conduct Authority (FCA) on 1 July 2013, according to the FCA register. It may be able to control client money if it has the necessary requirements, it stated. The firm was also restricted from carrying on the MIFID investment...

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