FSCS confirms broker as failed
The compensation body has updated on the status of former broking firm Perry Prowse and released details of 12 companies that have gone out of business.
The Financial Services Compensation Scheme has declared Perry Prowse (Insurance Consultants) as a failed firm.
The Exeter-based broker had its permissions removed by the Financial Conduct Authority in September 2019. The business entered into liquidation in January 2020.
The FSCS updated on 8 February that it was a failed firm and that while the company no longer existed consumers may be able to make a claim against it.
In a separate announcement the compensation scheme declared that 12 firms
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