FSCS in-default register

CGFM Ltd

Declared in default24 January 2020FRN 456517

What this means for you

Because CGFM 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

CGFM Ltd, a UK-regulated financial services firm (FRN 456517), has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 24 January 2020. The firm provided pension advice, pension transfer services, and Self-Invested Personal Pension (SIPP) administration to its clients. Former customers may be entitled to FSCS compensation of up to £85,000 in respect of claims arising from the firm's regulated activities.

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.