Navigating Financial Recovery: Your Guide to Claims with Thom Tax
We understand that discovering your investment firm has failed can be an overwhelming and stressful experience. At Thom Tax, we specialise in helping individuals like you recover financial losses from failed financial services firms, providing expert guidance and compassionate support throughout the compensation process.
If you’ve been impacted by the closure of Ignition Select Limited, which has been added to the Financial Services Compensation Scheme (FSCS) failed firms list, you’re not alone. Our dedicated team is here to help you understand your rights and navigate the complex claims process with confidence and clarity.
Ignition Select Limited Background
Understanding Ignition Select Limited: A Comprehensive Overview
Ignition Select Limited was a financial services firm registered with the Financial Conduct Authority (FCA), operating under Firm Reference Number 613312. Incorporated on 22 November 2017 and registered with Companies House under number 08696040, the company existed within a regulated financial services framework.
Key Details:
• Date of Incorporation: 22 November 2017
• Company Registration Number: 08696040
• FCA Reference Number: 613312
• Regulatory Status: Previously ‘Approved by regulator’
The company’s journey through the financial services landscape has been marked by significant regulatory transitions, ultimately resulting in its inclusion on the FSCS failed firms list. This status indicates potential systemic challenges that have compromised the firm’s ability to continue operating and meet its financial obligations to customers.
Leadership
Leadership and Organisational Structure
The leadership of Ignition Select Limited included several key individuals who played crucial roles in the company’s operations:
Notable Leadership Figures:
1. Steven Robert McPherson – Primary leadership role
2. Paul David Pestell – Previously with regulatory approval
3. Andrew Ward – Certified/assessed by the firm
4. Additional Leadership Members:
• Stephen Collis
• Andrew Simon Goulborn
• Judy Linnell Jones
• Neil Gregory Hames
• Graeme Richard Kalbraier
The varied regulatory statuses of these individuals, including some with ‘Regulatory approval no longer required’, suggest significant organisational transitions and potential compliance challenges that ultimately contributed to the firm’s current status.
Current Reglatory Concerns
Regulatory Context and Implications
The current status of Ignition Select Limited raises several important considerations for affected customers:
Key Regulatory Observations:
• Firm has been added to the FSCS failed firms list
• Previous ‘Approved by regulator’ status has been revoked
• Multiple leadership transitions indicate potential operational challenges
Implications for Customers:
• Potential risks to existing financial products
• Uncertainty regarding investment recovery
• Need for proactive claims management
• Possible financial compensation through FSCS
Our team at Thom Tax specialises in interpreting these complex regulatory landscapes, helping you understand your specific situation and the most effective path forward for potential compensation.
Claims Support
Your Claims Recovery Journey with Thom Tax
We provide a comprehensive, step-by-step support process designed to maximise your potential compensation:
Claims Recovery Process:
1. Initial Consultation
• Free, confidential review of your specific case
• Detailed assessment of your financial involvement with Ignition Select Limited
2. Documentation Preparation
• Expert guidance on required documentation
• Assistance in gathering historical financial records
• Ensuring compliance with FSCS claims requirements
3. Claims Submission
• Professional preparation and submission of your compensation claim
• Ongoing communication and updates
• Navigating complex regulatory processes
4. Follow-up and Resolution
• Continuous tracking of your claim
• Negotiation support
• Transparent reporting
At Thom Tax, we transform your financial uncertainty into a clear, manageable recovery strategy. Our expert team combines regulatory knowledge, financial expertise, and genuine compassion to guide you through this challenging process.
Contact us today for a free, no-obligation consultation and take the first step towards financial recovery.
