Mackie Wealth Management Ltd
What this means for you
Because Mackie Wealth Management 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
Mackie Wealth Management Ltd, a UK-regulated financial services firm (FRN 498322), has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 20 June 2024. The firm provided investment advice and operated unregulated collective investment schemes. Former customers may be eligible for FSCS compensation of up to £85,000 for investment-related claims, though compensation relating to unregulated collective investments may fall outside standard FSCS protection limits depending on the nature of the investment product involved.
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.