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County Capital Wealth Management

Did you receive pension advice from County Capital Wealth Management?

You could claim compensation if that advice was unsuitable.

County Capital Wealth Management, based in  Durham, also traded as The Pension Review Service (TPRS) and Fathom.

Claims have been made against the firm at the Financial Ombudsman Service relating to unsuitable pension transfer advice.

This includes claims for advice given to British Steel Pension Scheme (BSPS) members.

Check if you have a case to claim compensation

1

We can help check if you may have been given mis-sold pension advice with our initial assessment

2

Every case is individual but as pension mis-selling specialists we know to look for certain signs that indicate unsuitable advice may have been given.

3

Our assessment is free and there’s absolutely no obligation to use our service if you have case.

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The BAD news:

Pension mis-selling has cost pension savers BILLIONS of pounds

The GOOD news:

Compensation payments are hitting record figures every year

FCA Intervention

County Capital Wealth Management gave up its pension transfer permissions following an FCA intervention.

In 2018 they were named in a letter sent to MP’s as one of several advice firms who had voluntarily given up permissions. This was following discussions with the FCA and in relation to the British Steel advice scandal.

In August 2018 the firm did regain its transfer permissions, but in June 2020 went into liquidation.

British Steel Pension mis-selling scandal

In 2017 The Pensions Regulator allowed British Steel to close its troubled original pension scheme.

Members were then faced with the choice on what to do with their pensions.

And thousands of BSPS members were advised to transfer out of the BSPS into a Personal Pension Plan or a Self-Invested Personal Pension (SIPP).

But by transferring to a private pension arrangement, they would’ve lost the benefits already built up in the Pension Scheme.

And it may not be realistic that the same level of benefits could be achieved from their new plan.

County Capital Wealth Management Ltd is one of the firms associated with claims regarding the British Steel Pension Scheme (BSPS).

FSCS declare County Capital Wealth Management in default

County Capital Wealth Management firm was declared in default by the Financial Services Compensation Scheme on 21st July 2022

The FSCS told Citywire New Model Adviser it had received 68 claims against the firm.

Can I still make a compensation claim now County Capital Wealth Management is in default?

Yes you can still make a claim against a company if it has been declared in default by the FSCS.

But your complaint/claim will be processed by the Financial Services Compensation Scheme (FSCS).

The FSCS has limits to how much compensation it can award. This depends on when and how you were mis-sold.

The maximum it can award is £85,000.

Don't hesitate! Find out now if you have a case to claim compensation




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    Important Information!

    You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.

    It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.