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

Divorce, pensions and professional collaboration in the HNW world

Divorce, pensions and professional collaboration in the HNW world

'Beware the attraction of the simple solution'

Richard Kershaw
clock 16 February 2026 • 3 min read
A century of the state pension – and why the next redesign is overdue

A century of the state pension – and why the next redesign is overdue

'A pension promise only works if contributors believe it is fair and durable'

Adam Cole
clock 16 February 2026 • 4 min read
Pensions: The overlooked asset in divorce settlements?

Pensions: The overlooked asset in divorce settlements?

Practical steps to narrow the divorce pension gap

Alistair Myles
clock 11 February 2026 • 5 min read