FSCS Failed Firms · FRN 603333

Sovereign Wealth Advisory Ltd — FSCS Claims & Compensation (FRN 603333)

FailedPensions7 May 2021
Quick Answer

Sovereign Wealth Advisory Ltd (FRN 603333) was failed and declared in default by the FSCS on 7 May 2021. If you were advised by Sovereign Wealth Advisory 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.

Sovereign Wealth Advisory Ltd appears on the FSCS failed-firms register. It was failed and declared in default on 7 May 2021, in the Pensions category.

What this means for you

If Sovereign Wealth Advisory 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 Sovereign Wealth Advisory 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 Sovereign Wealth Advisory Ltd still trading?

Sovereign Wealth Advisory Ltd (FRN 603333) appears on the FSCS failed-firms register and was failed and declared in default on 7 May 2021. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against Sovereign Wealth Advisory?

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 Sovereign Wealth Advisory?

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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