SMA (IW) Ltd

Reference number: 932565

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Appointed representative

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

Responsible principal firm

Rosemount Financial Solutions (IFA) Limited Reference number: 535515 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.
  • SMA (IW) Ltd (FRN 932565) is an AR of Rosemount Financial Solutions (IFA) Limited (FRN 535515). When you use SMA (IW)'s services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from SMA (IW), 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.

Identity

Check their details

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.

  • No website on the FCA register

  • Verified phone number

    01983 856000

  • Verified address

    Saffa Mortgage Advice, Faulkner Lane, Sandown, Isle of Wight, PO36 9AZ, United Kingdom

Also trades as
  • Saffa Mortgage Advice

Company details

From the company's Companies House record.

Company number
12798626
Company status
Active
Company type
Private limited company
Incorporated
7 August 2020 (6 years old)
Registered office
16c Sandown Road, Lake, Isle Of Wight, PO36 9JP, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Saffa Michail Director Jan 1989 7 Aug 2020
Felicity Rebekah Michail Director May 1993 18 Jul 2022

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through Rosemount Financial Solutions (IFA) 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: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • Saffa Mortgages

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Common questions

Frequently asked questions

Is SMA (IW) Ltd FCA authorised?
SMA (IW) Ltd (FRN 932565) 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 SMA (IW)?
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. SMA (IW) Ltd (FRN 932565) is an AR of Rosemount Financial Solutions (IFA) Limited (FRN 535515). When you use SMA (IW)'s services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from SMA (IW), 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.
Is my money safe with SMA (IW)?
Protection works through Rosemount Financial Solutions (IFA) Limited, the principal firm responsible for SMA (IW)'s regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is SMA (IW) a scam or clone?
SMA (IW) is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is SMA (IW)'s Firm Reference Number (FRN)?
SMA (IW)'s FRN is 932565. You can verify it on the FCA register.