FSCS Failed Firms · FRN 653170

Forthplus Pensions — FSCS Claims & Compensation (FRN 653170)

Full legal name: Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd

FailedPensions18 July 2025
Quick Answer

Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd (FRN 653170) was failed and declared in default by the FSCS on 18 July 2025. If you were advised by Forthplus Pensions 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.

Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd appears on the FSCS failed-firms register. It was failed and declared in default on 18 July 2025, in the Pensions category.

Forthplus Pensions was a SIPP operator (formerly Athena Pensions) that entered administration in October 2021 after it could no longer meet its FCA capital requirements, against a backdrop of complaints about its due diligence. At its peak it ran SIPPs for around 2,500 clients, many of them British expatriates advised by overseas firms. The SIPP book was transferred to iPensions Group in December 2021, and the FSCS declared Forthplus in default in July 2025. The Financial Ombudsman had earlier found, in provisional assessments, that Forthplus had not carried out adequate due diligence on certain non-standard investments. If you held a Forthplus SIPP, you may be able to claim — eligibility depends on your circumstances.

Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd has also been known as, or traded as: Athena Pensions Ltd, Helium Miracle 119 Ltd. If you dealt with any of those names, the same claim routes may apply.

What this means for you

If Forthplus Pensions advised you on a pension — for example transferring a workplace, personal or final-salary pension, or moving it into a SIPP — and the advice was unsuitable for you, you may have a claim. Where the firm has failed, eligible losses can be claimed from the FSCS up to £85,000 per person.

Your options

  • FSCS — where Forthplus Pensions 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.

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FAQ

Is Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd still trading?

Forthplus Pensions Ltd, formerly Athena Pensions Ltd, Helium Miracle 119 Ltd (FRN 653170) appears on the FSCS failed-firms register and was failed and declared in default on 18 July 2025. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against Forthplus Pensions?

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 Forthplus Pensions?

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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