Financial Provision Solutions Ltd

If you received financial advice from Financial Provision Solutions Ltd you may want to check if you should be claiming compensation for mis-selling.

Financial Provision Solutions Limited formerly PSTG Solutions Limited were based in Manchester.

They have been linked to pension mis-selling cases involving members of the Armed Forces Pensions Scheme.

Armed Forces Pension Transfer

Thousands of members of the Armed Forces Pension Scheme have been unsuitably advised to transfer their pensions by both regulated and unregulated companies.

Not only have these transfers jeopardised the retirement future of these Service Personnel, but they also lost out on valuable benefits that came with the AFPS.

 

What is Pension Mis-selling?

Pension mis-selling basically means you’ve been sold a financial product relating to your pension which isn’t suitable or wasn’t exactly what you were told it would be.

This can include pension transfer advice, investment suitability and whether important things were made clear to you, such as costs, fees and the risks involved.

A regulated adviser should operate due diligence and check that their clients’ circumstances and attitude to risk suit the investment or pension product. Failure to do so may be mis-selling.

 

Latest on Financial Provision Solutions Ltd

Financial Provision Solutions Ltd were declared in default by the Financial Services Compensation Scheme in 2019. The company is currently in liquidation and agreed to voluntarily wind up as it could not continue due to its liabilities.

Financial Provision Solutions Ltd are no longer authorised by the FCA.

 

Can I still claim against Financial Provision Solutions Ltd?

You may be able to make a claim against Financial Provision Solutions Ltd if there’s evidence that they gave unsuitable advice or acted in a way that breached the FCA regulations.

Need Some help?

If you were advised to transfer your pension and you have concerns about the advice you received from we may be able to help.

We offer a free initial check to see if you may have been mis-sold. It’s just a simple chat with one of our team who can briefly assess if you may have a case. There’s no obligation to use our service.

Key Facts

1
Financial Provision Solutions Limited were formerly known as PSTG Solutions Limited
2
They were declared in default by the Financial Services Compensation Scheme in 2019 and are currently in liquidation
3
Have been linked to pension mis-selling cases involving members of the Armed Forces Pensions Scheme

We win more than 9 out of 10 claims

The cost of our service is 18% inc VAT on the total monies awarded for a successful claim

Important Information!

You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.

It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.