Why You May Be Entitled to Compensation
The FSCS declaration on 05 February 2026 confirms that Nexus Independent Financial Advisers Ltd has failed. If you received advice from Nexus Independent Financial Advisers Ltd regarding pensions or investments that resulted in financial loss, you might be eligible to make a claim. The FSCS protects consumers when authorised financial services firms fail, providing a vital safety net. The FSCS has received claims relating to pensions and investments advice against the firm, with at least one claim being upheld, triggering the default declaration.
Background of Nexus Independent Financial Advisers Ltd
| Detail | Information |
| Company Name | Nexus Independent Financial Advisers Ltd |
| FRN | 584769 |
| Trading Names | Nexus Wealth, NIFA, Nexus SIPP |
| FSCS Default Date | 05 February 2026 |
| Administration | Entered administration on 26 January 2023 |
| FCA Restrictions | FCA imposed restrictions on 25 January 2023 due to concerns about £2 million being withdrawn from client investment accounts |
| Sale of Firm | Sold to Vintage Wealth Management Limited for £500,000 on March 9, 2023 |
| Primary Services | Pensions, Investments |
Act Now: Seek Expert Claim Advice Today
Time limits, known as time-barring restrictions, may apply to financial claims. It is crucial to act promptly to avoid missing out on potential compensation. Our expert consultants are ready to discuss your options and guide you through the process.
Call us today for a free phone or video consultation on 0800 041 8359 to determine your eligibility for compensation. Even if you’ve previously made a claim, you might be entitled to additional redress.
Frequently Asked Questions (FAQs)
Q: What does it mean if a firm is ‘declared in default’ by the FSCS?
A: When a firm is declared in default by the FSCS, it means the FSCS is satisfied that the firm is unable to pay claims against it. This triggers the FSCS’s compensation process, allowing eligible customers to claim directly from the FSCS.
Q: How long do I have to make a claim?
A: Claim deadlines can vary. It is always best to seek advice as soon as possible, as time-barring restrictions may apply. Contact us for a free consultation to assess your specific situation.
Q: What types of losses are covered for Nexus Independent Financial Advisers Ltd?
A: Based on the FSCS declaration and information from financial news, claims related to pensions and investments advice from Nexus Independent Financial Advisers Ltd are likely to be covered. We will assess your individual circumstances during the consultation.
Q: Do I need a solicitor or claims management company to claim from the FSCS?
A: No, you can make a claim directly to the FSCS for free. However, many individuals choose to use experts like us to manage the complex process, gather evidence, and maximise their chances of success, especially with our no-win, no-fee service.
Company background (public record)
The company was incorporated at Companies House on 27 September 2007 under company number 06383260. Its status at Companies House is recorded as administration.
Registered office: 1580 Parkway Solent Business Park, Whiteley, Fareham, Hampshire, PO15 7AG.
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 |
|---|---|---|
| 27 Sep 2007 | Company incorporated | Companies House |
| 27 Sep 2007 | Kerry Kathleen Nelson appointed director | Companies House |
| 27 Sep 2007 | Dhb Fellowes appointed corporate-secretary | Companies House |
| 01 Jan 2009 | Dhb Fellowes resigned as corporate-secretary | Companies House |
| 15 Nov 2012 | Kerry Nelson approved by the FCA at the firm | FCA Register |
| 28 Apr 2015 | Nicholas Holmes approved by the FCA at the firm | FCA Register |
| 10 Nov 2016 | Richard Patrick Taylor approved by the FCA at the firm | FCA Register |
| 05 Jan 2017 | Andrew Russell Peters approved by the FCA at the firm | FCA Register |
| 04 Apr 2018 | Sally Ann Johns approved by the FCA at the firm | FCA Register |
| 28 Aug 2018 | Debra Cornell approved by the FCA at the firm | FCA Register |
| 06 Jan 2020 | Kiaron Paul Noone approved by the FCA at the firm | FCA Register |
| 20 Jan 2020 | James Andrew Bolus approved by the FCA at the firm | FCA Register |
| 26 Aug 2022 | Sam Banks approved by the FCA at the firm | FCA Register |
| 03 Oct 2022 | Rupert Gilbert Robinson approved by the FCA at the firm | FCA Register |
| 28 Nov 2022 | Magnus Wheatley approved by the FCA at the firm | FCA Register |
| 28 Nov 2022 | Anthony Peter Van Gool approved by the FCA at the firm | FCA Register |
| 28 Nov 2022 | Peter Tyrel Geikie-Cobb approved by the FCA at the firm | FCA Register |
| 15 Dec 2022 | Mary Lawlor approved by the FCA at the firm | FCA Register |
| 26 Jan 2023 | Company entered administration (in administration) | Companies House |
| 17 Jul 2024 | FCA status recorded as: No longer authorised | FCA Register |
| 16 Jun 2025 | FSCS update: We’ve now completed our investigation into Nexus Independent Financial Advisers Ltd and soon we’ll be passing on claims … | FSCS |
| 05 Feb 2026 | Declared in default by the FSCS | FSCS |
| 09 Feb 2026 | FSCS update: FSCS declared Nexus Independent Financial Advisers Limited ‘in default’ on 5 February 2026 | FSCS |
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.
- Sally Ann Johns. Listed on the FCA Register as having held CF30 Customer (04/04/2018 to 12/08/2019) at the firm.
- Kerry Nelson. Listed on the FCA Register as having held CPD20 – Advising or arranging regulated mortgage contracts (from), CPD9A – Advising on P2P agreements (from), CPD6 – Personal recommendation on Friendly Soc tax-exempt policies(not Holloway) (from), CPD4 – Personal recommendation on retail investments (not broker funds) (from) at the firm.
- Andrew Russell Peters. Listed on the FCA Register as having held CF30 Customer (05/01/2017 to 21/06/2017) at the firm.
- Richard Patrick Taylor. Listed on the FCA Register as having held CF30 Customer (10/11/2016 to 18/11/2016) at the firm.
- Kiaron Paul Noone. Listed on the FCA Register as having held [FCA CF] Client dealing (06/01/2020 to 09/04/2021), [FCA CF] Functions requiring qualifications (06/01/2020 to 09/04/2021) at the firm.
- Sam Banks. Listed on the FCA Register as having held [FCA CF] Functions requiring qualifications (26/08/2022 to 15/12/2022) at the firm.
- Rupert Gilbert Robinson. Listed on the FCA Register as having held CPD20 – Advising or arranging regulated mortgage contracts (from), [FCA CF] Functions requiring qualifications (03/10/2022 to 17/07/2024) at the firm.
- Magnus Wheatley. Listed on the FCA Register as having held Director of firm who is not a certification employee or a SMF manager (28/11/2022 to 17/07/2024) at the firm.
- Anthony Peter Van Gool. Listed on the FCA Register as having held Director of firm who is not a certification employee or a SMF manager (28/11/2022 to 17/07/2024) at the firm.
- Peter Tyrel Geikie-Cobb. Listed on the FCA Register as having held Director of firm who is not a certification employee or a SMF manager (28/11/2022 to 17/07/2024), [FCA CF] Significant management (28/11/2022 to 17/07/2024) at the firm.
Review page sources: FCA Register (FRN 584769) · Companies House (06383260) · FSCS. Public records, provided for transparency.
