FSCS in-default register

Knight Wealth Management Services Ltd

Declared in default7 May 2021FRN 466629

What this means for you

Because Knight Wealth Management Services 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

Knight Wealth Management Services Ltd (FRN 466629) has been declared in default by the FSCS as of 7 May 2021. The firm provided investment advice and operated unregulated collective investment schemes. Former customers holding eligible investments may claim compensation up to the FSCS limit of £85,000 per person.

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.