FSCS Failed Firms · FRN 667910

Consumer Wealth Ltd — FSCS Claims & Compensation (FRN 667910)

FailedInvestments5 November 2019
Quick Answer

Consumer Wealth Ltd (FRN 667910) was failed and declared in default by the FSCS on 5 November 2019. If you were advised by Consumer Wealth and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.

Consumer Wealth Ltd appears on the FSCS failed-firms register. It was failed and declared in default on 5 November 2019, in the Investments category.

What this means for you

If Consumer Wealth advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.

Your options

  • FSCS — where Consumer Wealth has failed, you may claim eligible losses up to £85,000 per person, per firm. You can claim free at fscs.org.uk without using a solicitor.
  • A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
  • Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.

Were you a client of Consumer Wealth?

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FAQ

Is Consumer Wealth Ltd still trading?

Consumer Wealth Ltd (FRN 667910) appears on the FSCS failed-firms register and was failed and declared in default on 5 November 2019. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against Consumer Wealth?

You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.

How much could I claim for Consumer Wealth?

Where eligible, the FSCS pays up to £85,000 per person, per failed firm. The actual amount depends on your assessed loss and your individual circumstances.

This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.

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