UK FSCS Confirms 12 Firms in Default Between February and March 2024

The Financial Services Compensation Scheme (FSCS), the UK's statutory Deposit insurance and investors compensation scheme, has declared twelve firms in default from 1 February 2024 to 31 March 2024.

Below are these 12 companies that have gone bankrupt and cannot pay claims themselves:

• Pension Advice Specialists Limited, trading as Ashworth Wealth (FRN 792927), Marshall House, 2 Park Avenue, Sale, M33 6HE

• Abbey Lane Financial Associates Limited (FRN 649170) 15 Chapel Street, Woodhouse, Sheffield, S13 7JL

• Aqua Financial Services Limited, formerly Aqua IFA Limited (FRN 228652), Kingsley Hall, 20 Bailey Lane, M90 4AN

• Strategic Investment Solutions Limited, formerly Cobco (291) Limited trading as Denton Mortgages & Loans (FRN 230902), 55-57 Wilmslow Road, Handforth, Cheshire, SK9 3EN

• Fresh Financial Solutions LLP (FRN 471129), Scottish Provident House, 7 Donegall Square West, Belfast, Northern Ireland, BT1 6JH

• AP Financial Services UK Limited, trading as Pella Associates, GW Financial Planning Services (FRN 218973), Unit 2, Uffcott Farm, Wiltshire, SN4 9NB

• Hartley Pensions Limited (FRN 735936), 26 Grosvenor Street, London W1K 4QW

• Frodsham Financial Planning Limited, formerly Tom Carroll Associates Financial Planning Limited (FRN 214554), 818 Manchester Road, Castleton, Rochdale, OL11 3AW

• Sterling Green Limited, trading as Sterling Green Loans, beyondcomparison (FRN 469956), Grosvenor House, 3 Chapel Street, Congleton, CW12 4AB

• Abana Unipessoal Lda, formerly Abana Lda (FRN 597069), Avenida 25 de Abril 1011, N.º 50, Cascais, 2750515, Portugal

• Blankstone Sington Limited, trading as BS CFDs (FRN 143694), Walker House Exchange Flags Liverpool L2 3YL

• Dial4aloan Limited (FRN 305186), Mere Way, Ruddington Fields Business Park, Ruddington, Nottingham, NG11 6NZ

If the financial firm a client has used has gone out of business and can't pay their claim, the FSCS can step in to pay compensation. The orgnization was et up by the UK government. It is independent and its service is free to use.