We are pleased to confirm that we will be offering financial support to members impacted by the collapse of Philips Trust Corporation.

We feel deeply saddened and frustrated to hear of the financial loss and significant distress experienced by those of our members whose assets ended up with the Philips Trust Corporation.

As the administration process has progressed, the scale and complexity of the problems faced by these members has come to light. We have been working hard for some months to better understand the situation and how we can support our members.

Many members impacted have kindly supported our enquiries as we’ve worked through this complex issue. Thank you for sharing your stories. We want to say to all members affected that we are truly sorry you’ve ended up in this position.

If you have any further questions please complete the form on this page and we'll be in touch with you very soon.