The Financial Services Compensation Scheme has declared 14 firms in default in January and February.

Among the companies named is Pembrokeshire Mortgage Centre, which was based in Swansea and also traded as County Financial Consultants.

Customers who have dealt with any of the firms and who believe that they may be owed money can now make a claim for compensation to the scheme.

The remaining 13 firms listed are: Inspired Wealth Limited in Birmingham; Copia Wealth Management Limited in Manchester; Atlas Travel Insurance Services in London; Grosvenor Financial Consultants Limited formerly Decormore Limited in York; RHT Financial Services Limited in Leeds; Liberty Sipp Limited trading as Liberty Pensions in Bury; Red Kite Finance Limited formerly Thorpe Park Finance Limited in Leeds; Prometheus Insurance Company Ltd in Gibraltar; Gardner Massey Wright IFA Limited trading as Eskdene Associates inWigan; Sequence Financial Management Limited trading as Sequence Pension Solutions and Moneybrain Robo-Advice in Manchester; Universal Capital Markets Ltd, trading as Nexus Capital Ltd and Aspire Trade Ltd in Ilkley; Sterling Pension Management Limited formerly F E Wright Pensions & Financial Planning Ltd in London; John Coldwell Pensions & Investments Limited formerly Prophecy Pensions and Investments Limited also in London.

The scheme’s interim chief customer officer Sarah Marin says: “FSCS puts customers and their need for trust in financial services first. 

“This focus is needed more than ever, with the increased potential for financial vulnerability as a result of the pandemic. 

“FSCS’s protection increases consumer confidence when buying financial products and services, and our compensation helps put customers back on track if firms should fail.”