SQ Wealth — FSCS Claims & Compensation (FRN 707844)
Full legal name: SQ Wealth Ltd, formerly Quays Wealth Management Ltd
SQ Wealth Ltd, formerly Quays Wealth Management Ltd (FRN 707844) was failed and declared in default by the FSCS on 6 April 2023. If you were advised by SQ 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.
SQ Wealth Ltd, formerly Quays Wealth Management Ltd appears on the FSCS failed-firms register. It was failed and declared in default on 6 April 2023, in the Pensions category.
SQ Wealth Ltd, formerly Quays Wealth Management Ltd has also been known as, or traded as: Quays Wealth Management Ltd. If you dealt with any of those names, the same claim routes may apply.
What this means for you
If SQ Wealth 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 SQ Wealth 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 SQ Wealth?
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Is SQ Wealth Ltd, formerly Quays Wealth Management Ltd still trading?
SQ Wealth Ltd, formerly Quays Wealth Management Ltd (FRN 707844) appears on the FSCS failed-firms register and was failed and declared in default on 6 April 2023. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against SQ 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 SQ Wealth?
Where eligible, the FSCS pays up to £85,000 per person for SQ Wealth. The actual amount depends on your assessed loss and your individual circumstances.
Other pension firms on the FSCS list around the same time
- KingsDeclared in default 31 March 2023 · FRN 197285
- Hudson Foster Financial ServicesDeclared in default 31 March 2023 · FRN 131285
- Help FinancialDeclared in default 31 March 2023 · FRN 653104
- 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
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.