Fusion Wealth Management Ltd
What this means for you
Because Fusion Wealth Management Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Fusion Wealth Management Ltd (FRN 467839), a UK-regulated firm providing pension advice, pension transfer, and self-invested personal pension (SIPP) administration services, was declared in default by the Financial Services Compensation Scheme on 1 April 2020. The firm offered guidance and administrative support to customers managing their pension arrangements through SIPPs and considering pension transfers. Eligible customers may be entitled to compensation of up to £85,000 under FSCS protection for investment business.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.