FCA urges former Verus Financial Services customers to check FSCS eligibility

The Financial Conduct Authority (FCA) is supporting the Financial Services Compensation Scheme (FSCS) in assessing claims against former investment adviser Verus Financial Services Limited. Customers who were with the firm since it lost permission to operate in the UK in 2025 can check their eligibility for compensation on the FSCS website. The FSCS has placed Verus under investigation and is now open to customer claims, but the FCA warns customers to be alert to scams and avoid using third-party claims management companies.