FSCS in-default register

Wealthmasters Financial Management Ltd trading as Gryphon Capital, Invictus Wealth, Sydney Charles UK

Declared in default11 July 2023FRN 536087

What this means for you

Because Wealthmasters Financial Management Ltd trading as Gryphon Capital, Invictus Wealth, Sydney Charles UK 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

Wealthmasters Financial Management Ltd, trading as Gryphon Capital, Invictus Wealth, and Sydney Charles UK (FRN 536087), was declared in default by the Financial Services Compensation Scheme on 11 July 2023. The firm provided pension advice, pension transfer services, and SIPP (Self-Invested Personal Pension) administration to retail customers. Eligible customers may claim compensation of up to £85,000 in respect of pension-related investment losses under FSCS protection rules.

Products this firm wrote

Pension advicePension transferSIPP administration

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.