Trust Financial Consulting Ltd
What this means for you
Because Trust Financial Consulting 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
Trust Financial Consulting Ltd (FRN 401459), a firm providing pension advice, pension transfer services, and self-invested personal pension (SIPP) administration, was declared in default by the Financial Services Compensation Scheme (FSCS) on 16 September 2022. Former customers who held pension-related products with the firm may be eligible for FSCS compensation of up to £85,000 per claim. The scheme's protection applies to eligible claims arising from the firm's regulated pension services.
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.