FSCS declares two firms in default over pension investment claims

Angus-based EQ Financial Planning was restricted from providing regulated activities and products by the Financial Conduct Authority (FCA) 25 February 2016, according to the FCA register.   On 9 March 2016, it was a decided as a special resolution that the firm would be voluntarily wound up. The firm was liquidated on 30 November 2016. The firm had five directors namely, Archibald Pottinger, David Kingsley Morrison, Iain Peter Gordon, Graeme Davidson, and David James Cameron. The FSCS told Professional Adviser it has received one valid claim from a former customer of EQ Financial P...