CFP Management Ltd
What this means for you
Because CFP 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
CFP Management Ltd (FRN 571695), a UK-regulated financial services firm that provided pension advice, pension transfer services, and Self-Invested Personal Pension (SIPP) administration, was declared in default by the FSCS on 2 September 2021. The firm's failure means that eligible customers with claims relating to pension products may be entitled to FSCS compensation of up to £85,000 per claim, depending on the nature of their complaint and the circumstances of their loss. Former clients should contact the FSCS directly to establish their eligibility and submit a claim.
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.