FSCS in-default register

TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services

Declared in default25 March 2025FRN 149826

What this means for you

Because TenetConnect Ltd formerly Interdependence Ltd, trading as Tenet Network Services 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

TenetConnect Ltd, formerly Interdependence Ltd and trading as Tenet Network Services (FRN 149826), has been declared in default by the Financial Services Compensation Scheme as of 25 March 2025. The firm provided investment advice and operated unregulated collective investment schemes. Eligible customers may claim compensation of up to £85,000 for investment losses under FSCS protection rules.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.