FSCS in-default register

JG Wealth Management Ltd

Declared in default16 April 2025FRN 165729

What this means for you

Because JG Wealth 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

JG Wealth Management Ltd, trading as Johnston Gray & Wardrop Ltd (FRN 165729), provided investment advice and unregulated collective investment products to its clients. The Financial Services Compensation Scheme declared the firm in default on 16 April 2025. Former customers of the firm may be entitled to compensation of up to £85,000 for investment-related claims under the FSCS protection scheme.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.