Welsh firm declared failed by FSCS over pensions advice

Claims can now be made against Broadlands Partnership

Isabel Baxter
clock • 1 min read

Bridgend-based firm Broadlands Partnership has been declared failed by the Financial Services Compensation Scheme (FSCS).

In a statement released on Friday (14 June), the FSCS said the firm no longer exists, and customers can make claims against it. The lifeboat fund said it has received eight claims against Broadlands Partnership relating to pensions advice and one has been upheld and seven have been unsuccessful. It also confirmed that the claim was not associated with British Steel Pension Scheme transfers. According to the Financial Conduct Authority register, Broadlands Partnership has no longer been authorised since August 2018. The failed firm has traded as Concept Wealth Management, Wynne E...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

Preparing for 2029: Adapting to the Budget's salary sacrifice cap

'While this policy alters the landscape, it arguably represents an adjustment rather than a fundamental reform'

Steve Charlton
clock 22 December 2025 • 3 min read
Utmost to sell life and pensions business to JAB Insurance

Utmost to sell life and pensions business to JAB Insurance

To focus on wealth solutions business

Jen Frost
clock 22 December 2025 • 2 min read
Editor's view: How disjointed is the government's salary sacrifice change?

Editor's view: How disjointed is the government's salary sacrifice change?

The editor's Friday Night Takeaway from 19 December

Jen Frost
clock 19 December 2025 • 3 min read