PwC administrators use debt collectors to chase BIA cash
Administrators from PwC have recruited a debt collecting agency to recover money paid in compensation from the FSCS
PwC administrators of Berkley Independent
Advisors (BIA) are using a debt collection agency to chase four members of the
collapsed company for payment.
The debt collectors, Financial Service Recoveries, sent a letter to a former
BIA member requesting payment of more than £500,000,
Marketing reported. A PwC spokeswoman confirmed FSR has been contracted to
recover money owed.
The PwC spokeswoman said FSR were drafted to recover money paid out by the
Financial Services Compensation Scheme on policies “considered negligent or
PwC were appointed administrators for Berkley Berry Birch in March 2006 with
Berkley Independent Advisers a subsidiary.