Pension firms among 'failed' list declared in default

The Financial Services Compensation Scheme has revealed a list of another 25 failed finance firms this morning - including a number of pension businesses. Consumers could be in line for compensation after the FSCS declared the companies in default.A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation.Since its inception, FSCS said it has helped over 4.5m people, paying out more than £26bn in compensation.Declarations by FSCS from 1 August to 30 SeptemberEASTInvestmentsAshdale Independent Financial Services Limited, 32 ASHDALES, ST. ALBANS, HERTFORDSHIRE AL1 2RBFinansec Limited formerly Finsure Limited ta Finansec Green, Finansec Mortgages, Sportsec, 223-225 HIGH STEET, EPPING, ESSEX CM16 4BLLife and PensionsDB Financial Advice Limited, SUITE 121 COMMUNICATIONS HOUSE, 9 ST JOHN STREET, COLCHESTER, ESSEX CO2 7NNLONDONInvestmentsChelster Financial Services, 36 SANDY LODGE WAY, NORTHWOOD, MIDDLESEX, HA6 2ASChoices - Your Mortgage Solutions Limited, CLARENDON BUSINESS CENTRES, KINGFISHER HOUSE, 21-23 ELMFIELD ROAD, BROMLEY, KENT BR1 1LTDuke Street Advisers Limited, 126 GREAT PORTLAND STREET, LONDON W1W 6PZNKP Financial Solutions Limited, 234 OLD LODGE LANE, PURLEY, SURREY CR8 4APMIDLANDSLife and PensionsEssential Mortgage Solutions Limited, 181 WALSALL ROAD, GREAT WYRLEY, WALSALL, WEST MIDLANDS WS6 6NLCedar Lawns Associates LLP, CEDAR LAWNS HOUSE, CHURCH STREET, BURBAGE, HINCKLEY, LEICESTERSHIRE LE10 2DEInvestmentsWealth Management (UK) Limited, DE MONTFORT HOUSE, 14A HIGH STREET, EVESHAM, WORCESTERSHIRE WR11 4HJFinancial Solutions Today LLP formerly McNamara & Garwolinski trading as Financial Solutions LLP, UNIT 2, VICTTORIA WORKS, VITTORIA STREET, BIRMINGHAM, WEST MIDLANDS B1 3NUSOUTH EASTHome FinanceP Foreman (deceased) t/a David Foreman & Co, 25 LADIES MILE ROAD, BRIGHTON, EAST SUSSEX BN1 8QEColin Speck (deceased) t/a Colin Speck, 9 COLLEGE ROAD, NORTH BUSINESS PARK, ASTON CLINTON, BUCKINGHAMSHIRE HP22 5EZHill Finance, 54A PORTSWOOD ROAD, SOUTHAMPTON, HAMPSHIRE SO17 2FWInvestmentsLeslie & Nuding, RIVERSIDE BUSINESS CENTRE RIVER LAWN ROAD, TONBRIDGE, KENT TN9 1EPAvalon Wealth Management Limited, BUSINESS RESOURCES CENTRE, HORSHAM TRAINING CENTRE, HURST ROAD, HORSHAM, WEST SUSSEX RH12 2DNSOUTH WESTInvestmentsFinancial Limited, UNIT 1, ANDOVERSFORD INDUSTRIAL ESTATE, ANDOVERSFORD, CHELTENHAM, GLOUCESTERSHIRE GL54 4LBNORTH WESTLife and PensionsArcher Wealth Management LLP, 639-641 MANCHESTER OLD ROAD, MIDDLETON, MANCHESTER M24 4PNCondenseheat Limited, UNIT 4 CROSSLEY PARK, STOCKPORT, CHESHIRE SK4 5BFG.M. Jones, HOMECROFT, 5 YEW TREE COURT, POULTON, CHESTER, CHESHIRE CH4 9FHSK8 Financial Services Limited, 248 FINNEY LANE, HEALD GREEN, CHEADLE, CHESHIRE SK8 3DYInvestmentsAcorn Corporate Finance Limited, METROPOLITIAN HOUSE, STATION ROAD, CHEADLE HULME, STOCKPORT, CHESHIRE SK8 7AZSCOTLANDInvestmentsAbout Money Planning, BARNCLUITH BUSINESS CENTRE, TOWNHEAD STREET, HAMILTON, LANARKSHIRE ML3 7DPWest Lothian Insurance Services, 177 MAIN STREET, EAST CALDER, LIVINGSTON, WEST LOTHIAN EH53 0EWWALESLife and PensionsSteve Hughes Car Sales Limited, BORDER GARAGE, NEWTON ROAD, WELSHPOOL, POWYS SY21 8RR

Pension firms among 'failed' list declared in default

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