FSCS in-default register

Financial Planning Solutions (UK) Ltd

Declared in default20 January 2022FRN 453409

What this means for you

Because Financial Planning Solutions (UK) Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Financial Planning Solutions (UK) Ltd, authorised under FRN 453409, has been declared in default by the Financial Services Compensation Scheme as of 20 January 2022. The firm provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration. Eligible customers may claim compensation of up to £85,000 per product type through the FSCS.

Products this firm wrote

Pension advicePension transferSIPP administration

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.