Financial Services Compensation Scheme  

FSCS declares advice firm with pension claim in default

FSCS declares advice firm with pension claim in default

A firm with one claim against it has been declared in default by the Financial Services Compensation Scheme.

Antonor LLP, formerly Priory Impartial Solutions LLP which traded as Ridgeway Consultants has failed, the FSCS confirmed today (November 29).

The firm has one valid claim against it, for investing into a self-invested personal pension.

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The claim is not linked to the British Steel Pension Scheme.

Antonor was previously authorised, but has been unable to provide regulated activities and products since June 2, 2017.

Last week, EQ Financial Planning Limited was also placed into default with a pensions advice claim against it.

Then in October, Hull-based Solutions Financial Services was placed into default.

Solutions Financial Services had two claims against it which related to investment and self-invested personal pension products. 

Prior to that in the same month, The TJM Partnership Limited and Tudor Court Financial Planning (registered as Everyday Financial Advice Ltd were declared in default by the FSCS. 

TJM Partnership, formerly trading as T.J Market and Neovision Global Capital, has 10 claims in progress against it, most of which are personal pension related. 

The other failed company, Tudor Court Financial Planning, has its first claim in progress and is in relation to a pension transfer.