The Financial Services Compensation Scheme (FSCS) has confirmed that it is accepting claims against Campbell & Associates Independent Financial Advice, after placing restrictions on the firm.

The financial adviser firm has a sole director, Lisa Campbell, who is also holder of the senior management functions.

Campbell & Associates is authorised and regulated by the Financial Conduct Authority (FCA) and has a range of permissions, including arranging deals in investment, advising on pension transfers and opt outs, advising on peer-to-peer arrangements, and advising and arranging mortgages and home finance.

In February, Campbell was charged with multiple criminal offences by the regulator, including fraud by abuse of position and providing false or misleading information to the FCA to conceal her wrong doing.

The regulator has confirmed that it is investigating the firm to see if any claims meet the qualifying conditions for compensation and has opened its online claims service.

The FSCS has said that customers of Campbell & Associates should contact the regulator if they wish to make a claim.

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