FSCS declares another firm in default over pension transfer advice

The Worcestershire-based firm was restricted from providing regulated activities and products by the Financial Conduct Authority (FCA) 24 August 2009, according to the FCA register. The company's director, John Paul Farnsworth, also held compliance oversight and money laundering reporting roles. The firm ceased to trade on 31 January 2013, according to a filing published on Companies House. In the firm's company accounts for the year ended 31 January 2016, it showed a loss of £43,131, according to Companies House. The FSCS told Professional Adviser it had received two claims agains...