A Nottingham financial services company has said it is "extremely disappointed" in the conduct of a trust which has entered administration. The Nottingham, which provides financial planning, mortgages and home insurance among other services, says it is committed to identifying any of its members affected with unresolved issues as a result of the decision by the Philips Trust Corporation [PTC].
PTC, which offered estate planning services to families, has now gone into administration. The firm had taken over customers of Estate Planning Group, which comprised of The Will Writing Company - a former partner of The Nottingham Building Society - and Family Trust Corporation, the Daily Mail reports.
The Nottingham [building society] says it took "immediate action" when its partner The Will Writing Company went into administration four years ago and says it has been working with those affected since this occurred. It added it has no direct relationship with PTC or its administrators and is disappointed in the lack of resolutions for those who were impacted by its collapse.
