Tier 1 Priority

Swansea pension transfer claims

Active Wealth and Celtic Wealth Management operated across the Swansea area during the peak period of BSPS transfer activity. Your rights may extend further than you think.

Check Whether You Have a Claim Time Limits Guide

Area Assessment

What happened in Swansea

Swansea sits within the wider South Wales pension transfer cluster that became the focus of extensive FCA regulatory action following the BSPS scandal. Active Wealth (UK) Ltd and Celtic Wealth Management both operated in the Swansea area and referred clients into pension transfers during 2015–2018.

Active Wealth has since entered liquidation — Route 3 FSCS applies. Celtic Wealth operated as an unregulated introducer, so the complaint route runs via the regulated firm that received the referral.

Beyond BSPS, Swansea also has a broader pool of industrial DB transfer cases from the same period.

Who this affects

Former BSPS members and other DB pension holders in the Swansea area who were advised on pension transfers between approximately 2012 and 2020 and have not previously complained.

Named Firms

Adviser Firms Linked to This Area

Each firm below has a dedicated claim page with route analysis, firm-specific FAQs, and current regulatory status.

Pembrokeshire Mortgage Centre Active Wealth (UK) Ltd Celtic Wealth Management

Questions & Answers

Frequently Asked Questions

Is the Swansea market covered by the same BSPS rules as Port Talbot?

Yes. BSPS members across South Wales are covered by the same regulatory framework.

Celtic Wealth was unregulated. Can I still claim?

Yes. Your complaint runs against the regulated firm that received Celtic Wealth's referral and provided the advice.

Urgent — Act Promptly

Time Limits Apply

⚠ Check Your Position Now

Whether your case is still open depends on when you first became aware of a potential problem — not simply when the transfer took place. The three-year discovery rule means some cases that appear old may still be within time.

View our full time limits guide →

Important Notice

Redress Advisory Ltd (Company No. 17295681) is a technology platform that provides case assessment and referral services. Redress Advisory is not a claims management company and is not regulated by the Financial Conduct Authority as such. All regulated claims management activity and legal work is carried out exclusively by our Operating SRA Partner (OSP) solicitor firms, each of which is independently authorised and regulated by the Solicitors Regulation Authority.

You do not need to use Redress Advisory or a solicitor to pursue a pension mis-selling complaint. You can complain directly to the financial firm, escalate to the Financial Ombudsman Service (FOS), or apply to the Financial Services Compensation Scheme (FSCS) yourself, free of charge. If you instruct a solicitor through our OSP partner panel, their fees will reduce any compensation you receive.

The information on this page is for general informational and educational purposes only. It does not constitute legal, financial, or regulated advice of any kind. Individual outcomes depend on the specific facts of each case.

FOS: 0800 023 4567 | FSCS: 0800 678 1100 | FCA Register: register.fca.org.uk