Townsend Financial Services

Reference number: 216543

Instant download

Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

Openwork Limited Reference number: 408285 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Townsend Financial Services (FRN 216543) is an AR of Openwork Limited (FRN 408285). When you use Townsend Financial Services's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Townsend Financial Services, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When townsendfs.co.uk first appeared online, and whether it can receive email
  • What kind of line +4401727835119810297 is
  • Who else gives the postcode AL3 5RB
Instant PDF download
Other names (1)

If you were contacted under any of these names, it is this firm.

  • Nawal Saighal Former name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through Openwork Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Key dates in its history

Townsend Financial Services’s history from the FCA register and Companies House, newest first.

2017

18 April 2017

  • Changed its registered name from "Nawal Saighal"
  • Stopped trading as "Townsend Financial Services"

FCA register

2007

1 February 2007

  • Changed its registered name from "Townsend Financial Services"
  • Began trading as "Townsend Financial Services"

FCA register

2002

16 July 2002

  • Became an appointed representative

FCA register

Director appointments and resignations, and trading names, appear under All events.

Firms like Townsend Financial Services

Other firms of the same type (financial adviser), nearest first.

In St. Albans

ADW Financial Solutions LimitedSt. AlbansAppointed representativeAltair Financial Planning LtdSt. AlbansAppointed representativeAnna DandekerSt. AlbansAppointed representativeAshridge Wealth Management LimitedSt. AlbansAppointed representativeBina DayaramSt. AlbansAppointed representativeCES Investments LtdSt. AlbansAppointed representative

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Townsend Financial Services

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 3 background checks on its contact details
  • All 5 events in its history

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Townsend Financial Services FCA authorised?
Townsend Financial Services (FRN 216543) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Townsend Financial Services?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Townsend Financial Services (FRN 216543) is an AR of Openwork Limited (FRN 408285). When you use Townsend Financial Services's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Townsend Financial Services, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Townsend Financial Services’ phone number and website?
The FCA register lists the phone number +4401727835119810297 and the website townsendfs.co.uk for Townsend Financial Services. If you were given different contact details, use these to check with the firm before going any further.
Is Townsend Financial Services a scam or clone?
Townsend Financial Services is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Townsend Financial Services?
Protection works through Openwork Limited, the principal firm responsible for Townsend Financial Services's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Does Townsend Financial Services use any other names?
It has previously used the name Nawal Saighal.

Sources and links

The full report on Townsend Financial Services

£19.99 · Instant PDF download

Loading secure checkout…