FSCS in-default register

Pension Advice Specialists Ltd, trading as Ashworth Wealth

Declared in default26 March 2024FRN 792927

What this means for you

Because Pension Advice Specialists Ltd, trading as Ashworth Wealth 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

Pension Advice Specialists Ltd, trading as Ashworth Wealth (FRN 792927), was declared in default by the Financial Services Compensation Scheme on 26 March 2024. The firm provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration. Eligible customers may be entitled to FSCS compensation of up to £85,000 for pension-related investments held at the time of the firm's default.

Products this firm wrote

Pension advicePension transferSIPP administration

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.