FSCS in-default register

Pello Capital Ltd

Declared in default26 November 2025FRN 449720

What this means for you

Because Pello Capital 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

Pello Capital Ltd, which operated under the trading name Cornhill Capital Ltd (FRN 449720), provided pension advice, pension transfer services, and Self-Invested Personal Pension (SIPP) administration to UK consumers. The Financial Services Compensation Scheme declared the firm in default on 26 November 2025. Eligible customers may be entitled to FSCS compensation of up to £85,000 for pension-related investment losses.

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.