FSCS in-default register

Osborn Wealth Management Ltd

Declared in default22 March 2023FRN 232576

What this means for you

Because Osborn Wealth 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

Osborn Wealth Management Ltd, which traded as Pace Ward Financial Ltd (FRN 232576), provided pension advice, pension transfer, and SIPP administration services. The Financial Services Compensation Scheme declared the firm in default on 22 March 2023. Eligible customers may claim compensation up to £85,000 for pension-related losses.

Products this firm wrote

Pension advicePension transferSIPP administration

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.