The Financial Services Compensation Scheme (FSCS) has declared Scottish financial advice business Integrity IFA Ltd in default on 27 April.
The firm, trading as trading as Dewar and Partners, Scottish Landlords Insurance, and Wood and Ker, was restricted from paying out dividends and disposing of assets without written consent by the Financial Conduct Authority (FCA) on 4 November 2021, according to the FCA register. The regulator also ordered it to secure all books and records and preserve all information and systems relating to electronic money service. The firm has one active executive director, Stephen William Davidson, who also held the roles of compliance oversight and money laundering officer, according to the FCA reg...
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