The London Trading Company — FSCS Claims & Compensation (FRN 678985)
Full legal name: The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management (FRN 678985) was failed and declared in default by the FSCS on 10 March 2023. If you were advised by The London Trading Company 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.
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management appears on the FSCS failed-firms register. It was failed and declared in default on 10 March 2023, in the Pensions, Investments category.
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management has also been known as, or traded as: Lontrad, TCM Wealth Management. If you dealt with any of those names, the same claim routes may apply.
What this means for you
If The London Trading Company 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.
If The London Trading Company 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 The London Trading Company has failed, you may claim eligible losses up to £85,000 per person, per firm (the FSCS limit is £85,000 for firms that failed from 1 April 2019, £50,000 for 2010–2019 and £48,000 before that). 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 The London Trading Company?
Start a free, no-obligation check — we'll tell you whether you may have a claim.
Start Your Free Claim Check →FAQ
Is The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management still trading?
The London Trading Company Ltd, trading as Lontrad, TCM Wealth Management (FRN 678985) appears on the FSCS failed-firms register and was failed and declared in default on 10 March 2023. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against The London Trading Company?
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 The London Trading Company?
Where eligible, the FSCS pays up to £85,000 per person for The London Trading Company. The actual amount depends on your assessed loss and your individual circumstances.
Other pension firms on the FSCS list around the same time
- Osborn Wealth ManagementDeclared in default 22 March 2023 · FRN 232576
- DAC PensionsDeclared in default 16 March 2023 · FRN 774721
- Portal Financial ServicesDeclared in default 15 March 2023 · FRN 501272
- RSS&LDeclared in default 24 February 2023 · FRN 774374
- Optimise Wealth ManagementDeclared in default 24 February 2023 · FRN 812526
- FP ConsultingDeclared in default 24 February 2023 · FRN 195084
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.