Number of financial firms failed by FSCS increases in October and November

Including Charterhouse and Advice & Wealth Management Solutions

Isabel Baxter
clock • 2 min read

The Financial Services Compensation Scheme (FSCS) has confirmed a total of 13 firms were declared in default in October and November.

In a regular update, the lifeboat fund said the firms were all out of business and unable to meet any claims themselves meaning the FSCS can step in. This is higher than the six financial firms failed in August and September. The 13 firms were: Firm   Address   Date declared in default   Advice & Wealth Management Solutions LLP   2 Bethesda Grove, Maddiston, Falkirk, FK2 0FR.  07/10/2024   Inter-UK Financial Services Limited t/a IUK Global, InterProtect, Casa Capital  Pinecroft House, Churt Road, Hindhead, Surrey, GU26 6...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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