FSCS in-default register

Hyde Financial Management Ltd

Declared in default15 March 2021FRN 501271

What this means for you

Because Hyde Financial Management 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

Hyde Financial Management Ltd, which traded as Imperial Wealth Management Ltd (FRN 501271), provided pension and investment advisory services to retail customers. The firm was declared in default by the Financial Services Compensation Scheme on 15 March 2021. Former customers holding eligible investments or pension products may be entitled to compensation of up to £85,000 per claim under FSCS protection rules.

Products this firm wrote

Pensions, Investments

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.