FSCS in-default register

Active Wealth (UK) Ltd

Declared in default26 March 2018FRN 631415

What this means for you

Because Active Wealth (UK) 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

Active Wealth (UK) Ltd, a UK regulated financial services firm operating under FRN 631415, was declared in default by the Financial Services Compensation Scheme on 26 March 2018. The firm provided pension-related services including pension advice, pension transfers, and self-invested personal pension (SIPP) administration. Former customers may be entitled to FSCS compensation of up to £85,000 in relation to eligible pension claims.

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.