The Financial Services Compensation Scheme has declared Gloucester-based Barton Hatcher Ingram Financial Management Limited and West Yorkshire-based Triple A Financial Services in default.
Barton Hatcher Ingram has not been authorised by the FCA since December 2013, according to the register.
Additionally, Companies House showed the firm was dissolved in April 2016 following liquidation.
The lifeboat scheme told FT Adviser it had received one claim against the firm which was upheld.
It was related to pension advice but the FSCS confirmed it was not British Steel related.
Second firm
According to the FCA register, Triple A Financial Services has not been authorised since April 2010.
The FSCS said it had received two claims against the firm so far, one of which was rejected and the other upheld.
Like the first failed firm, these claims related to pension advice and were also not BSPS related, the FSCS confirmed.
This comes a week after after Sussex-based Facet Investment Management Limited entered administration and is now under investigation by the FSCS.
The FSCS said it was open to customer complaints, but said it would not be passing these on to its claims processing team immediately for assessment.
This was because it was investigating the firm to determine whether claims met the qualifying conditions for compensation.
alina.khan@ft.com
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