FSCS in-default register

Wealth Connection Ltd

Declared in default2 August 2019FRN 533106

What this means for you

Because Wealth Connection 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

Wealth Connection Ltd (FRN 533106), a UK regulated financial-services firm offering pensions and investment products, was declared in default by the Financial Services Compensation Scheme (FSCS) on 2 August 2019. Eligible customers who held investments or pensions with the firm may claim compensation up to the FSCS limit of £85,000 per product type. The firm operated without trading names under its registered number.

Products this firm wrote

Pensions, Investments

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.