FSCS in-default register

Private Wealth Management Limited T/A Omni Wealth Management, Ward Mackenzie Wealth Management

Declared in default24 November 2014FRN 207530

What this means for you

Because Private Wealth Management Limited T/A Omni Wealth Management, Ward Mackenzie Wealth 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

Private Wealth Management Limited, trading as Omni Wealth Management and Ward Mackenzie Wealth Management (FRN 207530), was declared in default by the Financial Services Compensation Scheme on 24 November 2014. The firm's product types were not specified in available records. Eligible customers may claim compensation under FSCS protection, subject to the applicable limits for their respective product categories.

Products this firm wrote

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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.