Echelon Wealth Management Limited

Last updated 27 November 2008

 

Echelon Wealth Management Limited ("Echelon") was placed into provisional liquidation on 17 October 2008. Blair Nimmo of KPMG was appointed Provisional Liquidator. This appointment was subsequently recalled and Stephen Cork and Anthony Spicer of Smith & Williamson were appointed joint liquidators on 11 November 2008.

 

The role of FSCS

FSCS is currently in discussions with the Liquidators to determine our involvement in considering claims against Echelon.

FSCS may be able to help customers of the firm if it is unable to pay claims made against it (described by us as being "in default") and if claims are eligible for compensation under FSCS rules. The firm has not yet been declared in default by FSCS.

 

What to do if you think you have a claim

We understand the Liquidators will be writing to clients of Echelon shortly to confirm their appointment and to provide details of how to submit a claim in the liquidation.

If FSCS declares Echelon in default in the future, we will contact potential claimants who have registered a claim with the Liquidators. There is no need to register your claim with FSCS at this time.

If you need to contact the liquidators, their address is:

Smith and Williamson

25 Moorgate

London

EC2R 6AY

 

About FSCS

The Financial Services Compensation Scheme (FSCS) is the UK's statutory fund of last resort for customers of financial services firms and may be able to help consumers if an authorised firm is unable to pay claims against it. The Scheme was set up under the terms of the Financial Services and Markets Act 2000 and protects deposits, insurance, investments and home finance (mortgage) business.

 

More information about FSCS