Thomson Brown Financial Management Ltd, trading as Audley Asset Management
What this means for you
Because Thomson Brown Financial Management Ltd, trading as Audley Asset Management 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
Thomson Brown Financial Management Ltd, which traded as Audley Asset Management (FRN 474874), provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to UK clients. The Financial Services Compensation Scheme declared the firm in default on 12 August 2021. Former customers holding pension-related investments may be entitled to FSCS compensation of up to £85,000 per person, subject to eligibility criteria.
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.