Norrix Financial Services, formerly RNAMK, has been declared failed by the Financial Services Compensation Scheme (FSCS) over pensions advice.
The FSCS confirmed to PA that one complaint has been upheld, leading to the default declaration, while one has been rejected and one is in progress. All three complaints were for pension transfer advice, and none related to the British Steel Pension Scheme, the lifeboat fund confirmed. According to the Financial Conduct Authority register, the Stoke-on-Trent-based firm was first registered in August 2003 however it has not been authorised since November this year. Companies House indicates that the firm was incorporated in October 2002 and dissolved in November. This latest update by...
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