Copia Wealth Management Ltd
What this means for you
Because Copia 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
Copia Wealth Management Ltd (FRN 605906), a firm providing pension advice, pension transfer, and self-invested personal pension (SIPP) administration services, was declared in default by the Financial Services Compensation Scheme on 6 January 2021. The firm's default triggers FSCS protection for eligible customers, who may claim compensation of up to £85,000 for pension-related losses. Former clients of Copia Wealth Management should contact the FSCS 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.