Advice firm Bartholomew Financial Limited has been declared in default by the Financial Services Compensation Scheme (FSCS) whilst facing 12 claims.

The Financial Services Compensation Scheme has declared as failed a Midlands financial adviser hit with a string of claims related to pensions and SIPPs.

A SIPP adviser has been declared as failed by the Financial Services Compensation Scheme after being hit with 10 claims and a £2m FCA fine.

The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).

Better Retirement Group Ltd, a pension adviser which has used nearly 40 trading names including SIPP Club, has today been placed under investigation by the Financial Services Compensation Scheme.

Two advice firms have been declared failed by the Financial Services Compensation Scheme this week, including a Financial Planning firm which has 25 pension transfer claims against it, including BSPS cases.

The FSCS has received nearly 3,000 claims against 116 advice firms involved in recommending pension products from failed SIPP firm Rowanmoor.

Major SIPP and SSAS firm Rowanmoor Personal Pensions Limited (RPPL) has gone into administration.

Pensions broker Daniel Stewart & Company plc has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door for investors to claim compensation.

The Financial Services Compensation Scheme has declared two advice firms in default with over 88 pension transfer claims between them.