Corporate Benefits Consulting Ltd
What this means for you
Because Corporate Benefits Consulting Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Corporate Benefits Consulting Ltd (FRN 516965), a UK-regulated firm specialising in pension advice, pension transfer services, and self-invested personal pension (SIPP) administration, was declared in default by the Financial Services Compensation Scheme on 22 February 2023. The firm's failure exposed customers to losses on pension-related products and services. Eligible customers may claim compensation of up to £85,000 per claim through the FSCS's investment business protection limit.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.