The FSCS has revealed a list of 24 failed firms in the investments and pensions sector.

Consumers could be in line for compensation after The Financial Services Compensation Scheme declared these companies in default.

The businesses listed were spread across the UK, with four in London and four in Scotland. See list below.

The list covers the period from 1 November to 31 December 2016.

A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it.

Since its inception, FSCS said it has helped over 4.5m people, paying out more than £26bn in compensation.

Mark Oakes, head of communications at FSCS, said: “Our message to anyone who believes they may be owed money as a result of their dealings with any of these firms is please get in touch as we may be able to help you.”