My Nest Egg Limited enters liquidation

Customers should have already received communications from MNEL advising them to withdraw or transfer their funds to a new provider. 

Customers who did not transfer their accounts will now be supported by Octopus Money Limited (Octopus). For any questions, please reach out to Octopus using the contact details below.

Website: octopusmoney.com[1]
Email: [email protected]
Address: 33 Holborn, London EC1N 2HT

Having considered the financial position of MNEL and received insolvency advice, MNEL ceased to trade and its directors took steps to place MNEL into creditors’ voluntary liquidation.

You may be approached by a Claims Management Company (CMC) offering to help with your claim. 

In most cases, involving a CMC offers no added benefit and may reduce your return due to their fees. 

If you're considering using a CMC, we recommend speaking with the joint liquidators first using the contact details above.

Fraudsters sometimes claim to be from legitimate firms authorised by us or (in the case of liquidation) their appointed liquidator. 

All customers should remain alert to the possibility of fraud. If you get an unexpected call from someone claiming to be from MNEL or the joint liquidators, you should: 

• end the call straight away
• call the joint liquidators using the contact details above. 

Find out how to protect yourself from scams[2] and recovery room scams[3]. 

FCA Consumer Helpline[4]