ICO says IFA ‘failed’ after taking two years to send client data

The firm's administrator, Cowgill Holloway Business Recovery, said on February 25 there were 11 outstanding complaints, from which the directors reckon 6-7 will be successful.

"This could result in a crystallised liability of £336,000 over the next three to six months," it said. "The directors have also advised there is likely to be more claims."

ruby.hinchliffe@ft.com