Leeds-based advice firm WGL Altrincham has been declared in default by the Financial Services Compensation Scheme (FSCS).
In a note today (21 February) regarding the firm's failure, the FSCS said the business had also traded under the names ‘Whitehead Group' and ‘Whitehead & Partners'. The FCA register records for the firm show its trading authorisation for regulated activities was removed in January 2014 and that it went into liquidation 12 months ago. It also shows ‘Priestley & Partners' as an active trading name of the firm. The FSCS told Professional Adviser that it received six claims against the firm, one of which has been successful. "All claims are for pension or investment related advice, the...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes