Six financial firms failed by FSCS in August and September

Including Pro-Synergy Wealth & Tax Management and Green Gem Financial

Jenna Brown
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has confirmed a total of six firms were declared in default – meaning clients can potentially make claims against them – in August and September.

In a regular update, the lifeboat fund said the firms were all now out of business and unable to meet any claims themselves meaning the FSCS can step in. The six firms were Green Gem Financial, Mark Peter Houlbrook (trading as Thorn Investment and Pension Services), Barton Hatcher Ingram Financial Management, Triple A Financial Services, Pro-Synergy Wealth & Tax Management and Colbourne & Company. Green Gem Financial was linked to the British Steel Pension Scheme scandal. The Birmingham-based firm was declared in default by the lifeboat fund in August after the first claim against ...

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