FSCS in-default register

The Freedom SIPP Ltd

Declared in default16 March 2011FRN 465194

What this means for you

Because The Freedom SIPP 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

The Freedom SIPP Ltd, FRN 465194, a UK regulated financial-services firm offering pension advice, pension transfers, and SIPP administration services, was declared in default by the FSCS on 16 March 2011. Customers who held investments through the firm may be entitled to FSCS compensation of up to £85,000 per person. The default marked the firm's exit from the regulated financial services market.

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.