The London Trading Company (UK) Ltd: facing claims over pension transfer advice

The London Trading Company (UK) Ltd, also known as ‘Lontrad’ and ‘TCM Wealth Management’, was a financial advice firm based in Cardiff, south Wales. Incorporated in July 2014, the firm provided advice on pensions and investments, including Self-Invested Personal Pensions (SIPPs).

Previously authorised and regulated by the Financial Conduct Authority (FCA), the company has not been authorised since 19 April 2023 and is now in creditors' voluntary liquidation.

The London Trading Company received a volume of complaints about the suitability of the advice they provided. By March 2023, the Financial Services Compensation Scheme (FSCS) had received 23 claims against the firm for unsuitable advice linked to pension transfers into SIPPs. Consequently, the FSCS declared the company to be in default in March 2023.

The London Trading Company (UK) Ltd also traded under various other names, including:

  • QCM
  • FX Capital
  • Bond Star
  • Crowd Star
  • Fintech Financial
  • Fintech Star

CP Financial Claims have already successfully won claims against The London Trading Company (UK) Ltd for providing unsuitable pension transfer advice. If you received advice from The London Trading Company to transfer your pension into a SIPP, or invest in high-risk products, resulting in financial losses, we can help you pursue a compensation claim with the FSCS.

Request a no-obligation free initial consultation

Simply complete the short form below and a member of our expert financial claims team will call you to discuss how we can help prepare your case for compensation.





Enter this code » Verify


It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.