FP Consulting Ltd trading as The Salmon Partnership, RMS Wealth Management, Honeypot Financial Services, Chilworth Financial Management
What this means for you
Because FP Consulting Ltd trading as The Salmon Partnership, RMS Wealth Management, Honeypot Financial Services, Chilworth Financial Management 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
FP Consulting Ltd, trading under the names The Salmon Partnership, RMS Wealth Management, Honeypot Financial Services, and Chilworth Financial Management (FRN 195084), provided pension advisory services, pension transfer services, and SIPP administration to clients. The Financial Services Compensation Scheme declared the firm in default on 24 February 2023. Former customers who held pension-related products with the firm may be entitled to compensation of up to £85,000 under FSCS protection rules.
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.