The Financial Services Compensation Scheme has declared Kapwealth Limited in default, confirming that the Essex-based firm cannot meet the valid claims of its former clients. The decision, taken on 14 May 2026, means that eligible customers can now apply for compensation of up to £85,000 per person through the FSCS.
Kapwealth Limited, which also operated under the names Mitto Markets, Titan Investment Partners, Peregrine Asset Management and Kapsecure Limited over its trading history, held FCA authorisation (FRN 590782) and provided investment and pension advice services to clients. The firm ceased operating and entered creditors’ voluntary liquidation, with its FCA authorisation removed in December 2025.
The FSCS investigation focused on pension and investment advice claims from former clients. The first upheld claim triggered the formal default declaration, opening the door to compensation for other eligible claimants. The liquidator, Zain Iqbal of Cooper Young, is managing the firm’s wind-down.
For clients who received advice from Kapwealth or Mitto Markets on pension transfers, investment strategies or retirement planning, this is a significant development. If that advice was unsuitable for your personal circumstances, or if you were not properly informed of the risks involved, you may have strong grounds for a claim.
If you believe you were affected by advice from Kapwealth Limited or its earlier trading names, do not wait. The FSCS process can take time, and early action gives you the best chance of a successful outcome. Contact our team today for a free, no-obligation review of your case.
If you held money with Kapwealth Limited or were advised to invest or transfer your pension to them, please book a free consultation with our team.
We do all the investigative work for you. If your claim is not successful, you will not pay a penny. Call us during office hours or email hello@claimmyloss.co.uk
