View more on these topics

Compensation scheme defaults 16 companies

The Financial Services Compensation Scheme has declared 16 firms in default and is encouraging consumers who may have lost money with these firms to get in touch.

The Eastern region firms declared in default are Aldreds Financial Services in Great Yarmouth, Andrew Peat Financial Consultants (UK) of St Neots and CMB (Mortgage & Finance Services) in Sandy.

The firms in the North are Lyndhurst Associates (Hanley) and Vital Financial Services (in liquidation) of Manchester.

The Midlands-based firms are Frank Anderton (deceased) and Glenn Williamson (form- erly trading as Frank Anderton Insurance Consultants of Birmingham), Panchille Holdings (formerly Drewe Lacey Investment Management), Drew Lacey (Holdings) in Ross-on-Wye and Studley Financial Services.

Scottish firms First Somerville Property & Investment Company (in liquidation) and Thomas Dyer & Company (Management Consultants) both of Dundee, and Kilmar-nock-based Mr Hugh McRey-nolds (formerly trading as Lyn Mar Estate Agents) have also been declared in default.

Firms in default in the South-East, including London, are Virginia Water Anthony Schembri trading as Sims Independent Financial Services (formerly Surrey Insurance & Mortgage Services), David O&#39Keeffe (formerly trading as Grays Inn Financial Services of Sittingbourne), London firm Kaye Dee Insurance & Mortgage Consultants,PD Associates Group based in Fleet, and T Loftus & Company (Insurance Brokers) of Tunbridge Wells.

FSCS chief executive Suzanne McCarthy says: “It is important for consumers to be aware that a safety net exists. If they have lost money, we may be able to help.”


Bupa – Bupa Dental Plan

Type: Group healthcare cash plan for dental cover Minimum premium: Dependent on group size and age of employees Minimum group size: Three Minimum-maximum ages: 18-no maximum Cover provided: Up to two examinations a year, up to two scale & polish treatments a year, x-rays, fillings & root canal treatment, extractions, crowns, bridges & dentures Maximum […]

Independent view

I am not sure if this will blow any vestiges of credibility that I might have about claiming to be young any more, but I sometimes listen to Radio 4. On a Saturday morning from 9am-10am, there is a slot called Home Truths presented by the still-dead-cool John Peel. It is an hour&#39s worth of […]

Julian Gibbs

New Star looks to have another winner with its excellent property unit trust. The fund is run by two top managers, Andrew Hicks of Capital Counties, who is responsible for direct investments in commercial property, and Robin White of Liberty International Asset Management, who manages the property share portfolio. The fund has attracted large amounts […]

Portman Building Society – Three-Year Fixed Rate

Type: Fixed rate mortgage Fixed term: Until June 1, 2007 Fixed rate 4.99% Minimum loan: £15,500 Maximum loan: Up to 95% of valuation subject to a maximum of £250,000, up to 90% of valuation subject to a maximum of £400,000, up to 85% of valuation subject to a maximum of £500,000, up to 75% of […]

Trusts and Taxations

Take a look at the trusts and trustee taxation video – The definition and classification of trusts. Once you’ve viewed the boxset, visit our Test Centre to test your learning and get your CPD certificate. View here


News and expert analysis straight to your inbox

Sign up


    Leave a comment