Alti Re Limited and Alvarium Fund Managers (UK) Limited enter administration
David Soden and Matthew Mawhinney of Teneo Financial Advisory Limited were appointed as joint administrators for both firms.
FSCS
Ziglu enters special administration
Ziglu Limited entered special administration on 7 July 2025.
FSCS declares Central Markets Investment Management ‘in default’
This means the Financial Services Compensation Scheme (FSCS) can now pay compensation to customers if they have a valid claim.
FSCS places Business Agent Ltd, t/a NextCrowd and NextFin, under investigation
The UK Financial Services Compensation Scheme (FSCS) has provided an update to clients of Business Agent Ltd, trading as NextCrowd and NextFin.
FSCS looks for valid claims against Campbell & Associates Independent Financial Advice
The UK Financial Services Compensation Scheme (FSCS) has published an update regarding Campbell & Associates Independent Financial Advice Ltd.
FSCS confirms five firms declared in default in Feb and March 2025
FSCS has confirmed that the five firms below were declared in default in the last two months – which means they have gone out of business.
UK regulator proposes raising FSCS deposit protection limit to £110,000
The UK PRA has proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000.
FCA and PRA appoint Elizabeth Passey as Chair of FSCS
Elizabeth Passey succeeds Marshall Bailey OBE, who is stepping down after 2 terms as FSCS Chair.
FSCS starts accepting claims against Central Markets Investment Management Ltd
The UK Financial Services Compensation Scheme (FSCS) has provided an update on Central Markets Investment Management Ltd.
FSCS starts accepting customer claims against London Court Ltd
The UK Financial Services Compensation Scheme (FSCS) is now open to claims from customers of London Court Ltd.
