The Financial Services Compensation scheme has declared Macclesfield-based financial adviser Chestergate Financial Services Ltd (FRN: 459990) in default.

The Financial Services Compensation scheme has today declared three financial advice firms as failed, including two SIPP-related and one linked to BSPS.

The Financial Services Compensation Scheme (FSCS) has declared SIPP and SSAS provider Hartley Pensions in default.

The FSCS has declared nine financial services firms in default during December and January, including several financial advisers.