FSCS in-default register

Inspired Wealth Ltd

Declared in default5 January 2021FRN 542091

What this means for you

Because Inspired Wealth 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

Inspired Wealth Ltd (FRN 542091), a UK-regulated financial services firm, was declared in default by the Financial Services Compensation Scheme on 5 January 2021. The firm's specific product offerings cannot be determined from available data. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the product types involved in their claims.

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.