If Green Wealth Management Ltd advised you to transfer a pension, including a British Steel (BSPS) pension, or move your savings into unsuitable investments, you may be owed compensation through the FSCS. We can check for free.
FRN: 729066
Status: Failed, declared in default by the FSCS on 3 March 2026
Based: Sheffield / Aston, South Yorkshire
Issue: Pension and investment advice, including defined-benefit (BSPS) transfers
Claim route: FSCS, up to £85,000 per eligible person
What happened to Green Wealth Management?
Green Wealth Management Ltd was a financial advice firm based in the Sheffield area, incorporated in August 2011. The firm went into creditors’ voluntary liquidation in August 2021, and its authorisation on the Financial Conduct Authority (FCA) register came to an end on 1 August 2025. On 3 March 2026, the FSCS formally declared the firm in default. That means at least one claim has been upheld, and the firm cannot meet its liabilities.
The claims reported so far relate to pension and investment advice. Several are linked to the British Steel Pension Scheme (BSPS), where steelworkers were advised to give up a valuable, guaranteed final-salary pension and transfer into a personal arrangement.
Why you may be able to claim
When a regulated firm gives unsuitable advice and then fails, the FSCS can step in and pay compensation on its behalf. You may have a claim if Green Wealth Management Ltd advised you to:
- Transfer a defined-benefit or final-salary pension (including British Steel / BSPS) into a personal pension or SIPP
- Move a workplace or personal pension into a new arrangement that left you worse off
- Invest your pension or savings in high-risk or unsuitable funds
- Take on charges or risks that were never properly explained to you
The defined-benefit transfer issue is particularly significant. The FCA found that around 46% of BSPS transfer advice it reviewed was unsuitable. Giving up a guaranteed pension is rarely in a member’s best interest, and many people who did so are now materially worse off.
How much compensation could you receive?
For unsuitable pension and investment advice, the FSCS can pay up to £85,000 per eligible person. The actual amount reflects the loss you suffered. For a defined-benefit transfer, that is typically the cost of restoring the benefits you gave up. Use our redress calculator for an indication of what your claim could be worth.
How to claim against Green Wealth Management Ltd
1. Check your eligibility. Tell us briefly what you were advised to do, start here or request a call back.
2. Free consultation. A case manager (not a call centre) will give you an honest view on whether you have grounds to claim.
3. We build your case. We gather the advice and transfer paperwork and, where needed, instruct experts to calculate your loss.
4. We submit your FSCS claim and see it through, making sure you receive the correct amount.
Company background (public record)
The company was incorporated at Companies House on 30 August 2011 under company number 07756774. Its status at Companies House is recorded as liquidation.
Registered office: 79 Caroline Street, Birmingham, B3 1UP.
Nature of business (SIC): 64999.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 30 Aug 2011 | Company incorporated | Companies House |
| 30 Aug 2011 | Dominic Green appointed director | Companies House |
| 28 Aug 2015 | Howard Green appointed director | Companies House |
| 12 Sep 2016 | Dominic Jacob Green approved by the FCA at the firm | FCA Register |
| 12 Sep 2016 | Howard Green approved by the FCA at the firm | FCA Register |
| 09 Dec 2019 | Rachel Selwood approved by the FCA at the firm | FCA Register |
| 17 Jan 2021 | Dominic Green resigned as director | Companies House |
| 27 Aug 2021 | Company wound up (creditors’ voluntary liquidation) | Companies House |
| 27 Aug 2021 | Insolvency practitioner appointed: Roderick Graham Butcher | Companies House |
| 01 Aug 2025 | FCA status recorded as: No longer authorised | FCA Register |
| 03 Mar 2026 | Declared in default by the FSCS | FSCS |
| 16 Jul 2026 | Company due to be dissolved (creditors’ voluntary liquidation) | Companies House |
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Dominic Jacob Green. Listed on the FCA Register as having held CF30 Customer (11/10/2016 to 08/12/2019), CF1 Director (12/09/2016 to 08/12/2019), SMF3 Executive Director (09/12/2019 to 17/02/2021) at the firm.
- Howard Green. Listed on the FCA Register as having held CPD20 – Advising or arranging regulated mortgage contracts (from), CPD11 – Pension transfer specialist (from), CPD7 – Personal recommendation on long-term care insurance (from), CPD6 – Personal recommendation on Friendly Soc tax-exempt policies(not Holloway) (from) at the firm.
- Rachel Selwood. Listed on the FCA Register as having held CPD20 – Advising or arranging regulated mortgage contracts (from), [FCA CF] Functions requiring qualifications (09/12/2019 to 01/08/2025) at the firm.
- Dominic Green. Listed at Companies House as director (appointed 2011-08-30, resigned 2021-01-17).
Review page sources: FCA Register (FRN 729066) · Companies House (07756774) · FSCS. Public records, provided for transparency.
