What happened to Sigma Asset Management Ltd
Winding up resolutions were passed for Sigma Asset Management Limited in November 2018. Following the winding up and dissolution of the company, the Financial Services Compensation Scheme later declared the firm in default on 12 March 2026 in relation to pensions claims.
When the Financial Services Compensation Scheme declares a firm in default, this means the firm is unable to meet claims itself and eligible customers may now be able to pursue compensation through the scheme.
Key Facts About Sigma Asset Management Ltd
– Sigma Asset Management Ltd was authorised by the Financial Conduct Authority
– FCA reference number 225526
– The company was wound up and later dissolved
– The firm was declared in default by the Financial Services Compensation Scheme on 12 March 2026
– The Financial Services Compensation Scheme lists the claim type as Pensions
– Eligible customers may be able to claim compensation through the Financial Services Compensation Scheme
Pension advice claims
The Financial Services Compensation Scheme has categorised Sigma Asset Management Ltd under pensions claims. This means the claims relate to pension advice given by the firm.
Why you may be entitled to compensation
You may be entitled to compensation if you received pension advice from Sigma Asset Management Ltd and suffered financial loss as a result.
Financial Services Compensation Scheme (FSCS)
If a regulated financial adviser has gone out of business and cannot meet claims against it, you may be able to claim compensation through the Financial Services Compensation Scheme.
No Win No Fee pension claims
We handle many pension and financial advice claims on a No Win No Fee basis. You can learn more about No Win No Fee claims here.
Frequently Asked Question
Can I claim compensation from Sigma Asset Management Ltd?
If you received pension advice from Sigma Asset Management Ltd and suffered financial losses, you may be able to claim compensation through the Financial Services Compensation Scheme because the firm has been declared failed for pensions claims.
Next Steps
If you believe you may have been affected by Sigma Asset Management Ltd, you may be entitled to compensation.
Call us today for a free phone consultation on 0800 041 8359 to discuss whether you may have a claim and what the next steps are.
Company background (public record)
The company was incorporated at Companies House on 17 April 1997 under company number 03354712. Its status at Companies House is recorded as dissolved.
Registered office: 26-28 Bedford Row, Holborn, London, WC1R 4HE.
Nature of business (SIC): 64999, 65110, 66290.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 17 Apr 1997 | Company incorporated | Companies House |
| 17 Apr 1997 | Julian Milner appointed director | Companies House |
| 17 Apr 1997 | Lisa Doreen Milner appointed secretary | Companies House |
| 17 Apr 1997 | Formation Secretaries Limited appointed corporate-secretary | Companies House |
| 17 Apr 1997 | Formation Secretaries Limited resigned as corporate-secretary | Companies House |
| 17 Apr 1997 | Gerald Simon Tyler appointed director | Companies House |
| 17 Apr 1997 | Formation Nominees Limited appointed corporate-director | Companies House |
| 17 Apr 1997 | Formation Nominees Limited resigned as corporate-director | Companies House |
| 10 Aug 1998 | Lisa Doreen Milner resigned as secretary | Companies House |
| 10 Aug 1998 | Dorset Registrars Ltd appointed corporate-secretary | Companies House |
| 10 Aug 1998 | Judith Elizabeth Hall appointed director | Companies House |
| 09 Nov 2016 | Henleys Financial Ltd ceased as appointed representative | FCA Register |
| 10 Nov 2016 | Capital Management Solutions Ltd ceased as appointed representative | FCA Register |
| 27 Jul 2017 | Dorset Registrars Ltd resigned as corporate-secretary | Companies House |
| 13 Sep 2017 | Paul Stephen Morrish approved by the FCA at the firm | FCA Register |
| 13 Sep 2017 | James Alexander Stevenson approved by the FCA at the firm | FCA Register |
| 13 Sep 2017 | Christian Marcel Captieux approved by the FCA at the firm | FCA Register |
| 14 Mar 2018 | Aberdeen McGee Financial Management Ltd ceased as appointed representative | FCA Register |
| 14 Mar 2018 | Ballams Financial Services Ltd ceased as appointed representative | FCA Register |
| 14 Mar 2018 | CFG Financial Planning Ltd ceased as appointed representative | FCA Register |
| 14 Mar 2018 | Deben Professional Ltd ceased as appointed representative | FCA Register |
| 14 Mar 2018 | Hogbens Dunphy Financial Services Ltd ceased as appointed representative | FCA Register |
| 06 Jul 2018 | FCA status recorded as: No longer authorised | FCA Register |
| 15 Nov 2018 | Company wound up (members’ voluntary liquidation) | Companies House |
| 15 Nov 2018 | Insolvency practitioner appointed: Paul Steven Cooper | Companies House |
| 15 Nov 2018 | Insolvency practitioner appointed: Paul Robert Appleton | Companies House |
| 21 Apr 2020 | Company dissolved (members’ voluntary liquidation) | Companies House |
| 12 Mar 2026 | Declared in default by the FSCS | FSCS |
Focused on the firm’s early history and the events leading up to and following its failure. 40 routine entries from its active years are omitted.
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.
- Paul Stephen Morrish. Listed on the FCA Register as having held CF2 Non Executive Director (13/09/2017 to 28/11/2017) at the firm.
- James Alexander Stevenson. Listed on the FCA Register as having held CF2 Non Executive Director (13/09/2017 to 28/11/2017) at the firm.
- Christian Marcel Captieux. Listed on the FCA Register as having held CF2 Non Executive Director (13/09/2017 to 28/11/2017) at the firm.
- James Randall. Listed on the FCA Register as having held CF1 Director (AR) (17/03/2005 to 01/11/2006), CF30 Customer (01/11/2007 to 04/01/2018), CF1 Director (18/10/2012 to 13/11/2017), CF24 Pension Transfer Specialist (09/03/2004 to 31/10/2007) at the firm.
- Mark Richard Sutton. Listed on the FCA Register as having held CF21 Investment Adviser (01/08/2006 to 01/10/2007), CF1 Director (AR) (01/08/2006 to 01/10/2007) at the firm.
- Richard James Mumford. Listed on the FCA Register as having held CF30 Customer (06/05/2008 to 28/01/2012) at the firm.
- Sarah Jane Roughsedge. Listed on the FCA Register as having held CF30 Customer (01/11/2007 to 26/10/2009), CF22 Investment Adviser (Trainee) (26/09/2007 to 31/10/2007) at the firm.
- Geraldine Halpin. Listed on the FCA Register as having held CF30 Customer (07/02/2012 to 04/01/2018) at the firm.
- Robert Derek Winter. Listed on the FCA Register as having held CF30 Customer (05/03/2010 to 15/03/2013) at the firm.
- Paul James Howard. Listed on the FCA Register as having held CF30 Customer (13/07/2010 to 11/08/2012), CF11 Money Laundering Reporting (13/07/2010 to 16/07/2012), CF10 Compliance Oversight (13/07/2010 to 16/07/2012) at the firm.
Appointed Representatives and Agents
While it was authorised, the firm acted as principal for the following appointed representatives. An appointed representative carries on regulated business under the responsibility of its principal, so their conduct can be relevant to a claim.
| Appointed representative | Reference | Effective from | Ended |
|---|---|---|---|
| Aberdeen McGee Financial Management Ltd | FRN 459113 | 26/10/2006 | 14/03/2018 |
| Accumulus Consulting Limited | FRN 196816 | 28/02/2005 | 01/11/2006 |
| Ballams Financial Services Ltd | FRN 228986 | 11/03/2004 | 14/03/2018 |
| Capital Management Solutions Ltd | FRN 429648 | 16/03/2005 | 10/11/2016 |
| CFG Financial Planning Ltd | FRN 225134 | 11/03/2004 | 14/03/2018 |
| Colne Professional Ltd | FRN 486281 | 18/07/2008 | 15/03/2013 |
| Core Financial Services Ltd | FRN 454943 | 20/07/2006 | 28/09/2007 |
| Deben Professional Ltd | FRN 429573 | 14/03/2005 | 14/03/2018 |
| Henleys Financial Ltd | FRN 453027 | 08/06/2006 | 09/11/2016 |
| Hogbens Dunphy Financial Services Ltd | FRN 459118 | 26/10/2006 | 14/03/2018 |
Review page sources: FCA Register (FRN 225526) · Companies House (03354712) · FSCS. Public records, provided for transparency.
