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In the world of finance, trust is the cornerstone upon which individuals make critical decisions about their financial futures. When that trust is shattered, the consequences can be financially devastating. In this article, we delve into the scandal surrounding Fathom Financial, an independent financial advisor that has left many individuals questioning their financial decisions. We will also explore how CP Financial Claims can provide guidance and support to those who may have been affected by these failures.
Fathom Financial Limited, incorporated on January 5, 2017, once presented itself as "The Straight-Talking Financial Experts." However, it’s history was marked by mis-sold claims and regulatory issues.
The journey of Fathom Financial Limited has seen several transformations. Initially registered as The Pension Review Service (North East) Limited, the company changed its name to Fathom Financial Limited on August 20, 2019. As of June 30, 2023, it still remains active as an Appointed Representative (AR).
Fathom Financial Limited, previously authorised by the Financial Conduct Authority (FCA) and/or Prudential Regulation Authority (PRA), can no longer provide regulated activities and products. This shift from authorised to non-authorised status is a significant indicator of the troubles that have plagued the company. Investors and clients who relied on Fathom Financial for financial advice now find themselves in a precarious position.
The failures involving Fathom Financial extends to its association with the British Steel Pension Scheme (BSPS). The name of this pension scheme has become synonymous with mis-sold claims, leaving retirees and investors deeply concerned about their financial well-being.
County Capital Wealth Management Ltd: A New Chapter
Intriguingly, County Capital Wealth Management Ltd entered the narrative. Operating under various names, including Fathom, County Capital Wealth Management Ltd faced a significant turn of events.
County Capital Wealth Management Ltd, also known as ‘The Pension Review Service’ and previously as ‘Fathom’, has gone into liquidation. This development, which became official on July 21, 2022, marks a pivotal moment in the company's history. While the firm has ceased taking on new business, it remains obligated to meet stringent standards in dealing with its existing customers.
County Capital Wealth Management Ltd's involvement in the Fathom Financial failure is underscored by its association with claims related to the British Steel Pension Scheme (BSPS). The BSPS saga continues to reverberate throughout the financial world, leaving investors anxious about their financial futures.
As the complexities of the Fathom Financial problems continue to unravel, affected individuals face uncertainty and anxiety. CP Financial Claims is here to provide a guiding light in these turbulent times. As and when we receive more information regarding Fathom Financial, we will update this page.
CP Financial Claims boasts a team of experienced professionals specialising in navigating intricate financial cases. We are dedicated to assisting individuals who have been adversely affected by mis-sold claims and financial improprieties.
If you recognise any of the names mentioned in this article, such as Fathom Financial, County Capital Wealth Management Ltd, or the British Steel Pension Scheme (BSPS), and suspect that you may have been affected by their failures, please do not hesitate to reach out to us. Our experts will conduct a thorough assessment of your situation and provide tailored guidance on the best course of action.
Financial losses can have a profound impact on your life and future plans. For a free, no-obligation chat, please submit your details via the form below.
You are not obliged to use our service. It is possible for you to present your claim for free, either to the firm, or person against whom you wish to complain, or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.
