FSCS in-default register

Tramway Financial Management Ltd

Declared in default19 November 2021FRN 752006

What this means for you

Because Tramway Financial 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

Tramway Financial Management Ltd (FRN 752006), a firm providing pension advice, pension transfer services, and self-invested personal pension (SIPP) administration, was declared in default by the Financial Services Compensation Scheme on 19 November 2021. Customers of the firm may be entitled to FSCS compensation of up to £85,000 in relation to pension-related claims. The firm is no longer authorised to conduct regulated financial services in the United Kingdom.

Products this firm wrote

Pension advicePension transferSIPP administration

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.