Nationwide Benefit Consultants — FSCS Claims & Compensation (FRN 624316)
Full legal name: Nationwide Benefit Consultants Ltd, trading as The Pension Reporter
Nationwide Benefit Consultants Ltd, trading as The Pension Reporter (FRN 624316) was failed and declared in default by the FSCS on 16 September 2022. If you were advised by Nationwide Benefit Consultants 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.
Nationwide Benefit Consultants Ltd, trading as The Pension Reporter appears on the FSCS failed-firms register. It was failed and declared in default on 16 September 2022, in the Pensions category.
Nationwide Benefit Consultants Ltd, trading as The Pension Reporter has also been known as, or traded as: The Pension Reporter. If you dealt with any of those names, the same claim routes may apply.
What this means for you
If Nationwide Benefit Consultants 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 Nationwide Benefit Consultants 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 Nationwide Benefit Consultants?
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Is Nationwide Benefit Consultants Ltd, trading as The Pension Reporter still trading?
Nationwide Benefit Consultants Ltd, trading as The Pension Reporter (FRN 624316) appears on the FSCS failed-firms register and was failed and declared in default on 16 September 2022. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against Nationwide Benefit Consultants?
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 Nationwide Benefit Consultants?
Where eligible, the FSCS pays up to £85,000 per person for Nationwide Benefit Consultants. The actual amount depends on your assessed loss and your individual circumstances.
Other pension firms on the FSCS list around the same time
- Thompson PriorDeclared in default 17 October 2022 · FRN 207510
- The TJM PartnershipDeclared in default 7 October 2022 · FRN 498199
- Everyday Financial AdviceDeclared in default 7 October 2022 · FRN 595535
- Trust Financial ConsultingDeclared in default 16 September 2022 · FRN 401459
- Mercia Financial PlanningDeclared in default 6 September 2022 · FRN 718251
- Daniel Stewart & CompanyDeclared in default 15 August 2022 · FRN 145026
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.