FSCS Failed Firms · FRN 149826

TenetConnect — FSCS Claims & Compensation (FRN 149826)

Q: How do I claim against TenetConnect?

Claim free through the FSCS at fscs.org.uk, or instruct a representative. A free initial check can confirm eligibility.

Q: How much could I claim for TenetConnect?

Where eligible, the FSCS pays up to £85,000 per person for this firm. The amount depends on your assessed loss and circumstances.

Full legal name: TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services

FailedInvestments25 March 2025

Quick Answer

TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services (FRN 149826) was failed and declared in default by the FSCS on 25 March 2025. If you were advised by TenetConnect 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.

TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services appears on the FSCS failed-firms register. It was failed and declared in default on 25 March 2025, in the Investments category.

TenetConnect Ltd was a principal firm within the Tenet adviser network, responsible for the regulated advice given by many appointed representatives across the UK — so you may remember your individual adviser's name rather than Tenet. The Tenet group entered administration in June 2024, and the FSCS declared TenetConnect Ltd in default on 25 March 2025. The firm also traded as Tenet Network Services, and the FSCS is handling it alongside TenetConnect Services Ltd. Much of the FSCS's work concerns defined benefit pension transfer advice given through the network. If you were advised by a Tenet-network firm, you may be able to claim.

TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services has also been known as, or traded as: Interdependence Ltd, Tenet Network Services. If you dealt with any of those names, the same claim routes may apply.

What this means for you

If TenetConnect 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 TenetConnect 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.

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FAQ

Is TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services still trading?

TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services (FRN 149826) appears on the FSCS failed-firms register and was failed and declared in default on 25 March 2025. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against TenetConnect?

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 TenetConnect?

Where eligible, the FSCS pays up to £85,000 per person for TenetConnect. The actual amount depends on your assessed loss and your individual circumstances.

Other investment firms on the FSCS list around the same time

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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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