Pentagon Capital Management plc
What this means for you
Because Pentagon Capital Management plc 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
Pentagon Capital Management plc (FRN 189239), a provider of investment advice and unregulated collective investment products, was declared in default by the Financial Services Compensation Scheme on 12 June 2020. The firm's failure exposed customers holding investments to potential losses outside the standard compensation framework, as unregulated collective investments fall outside FSCS protection limits. Former customers with regulated investment holdings may be entitled to compensation of up to £85,000, though those invested solely in unregulated schemes are unlikely to receive FSCS compensation.
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.