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Broadgate Financial Management LLP

Failed 17/01/2023

FRN: 589112

Broadgate Financial Management declared in default

Broadgate Financial Management was declared in default by the Financial Services Compensation Scheme in January 2023.

The Durham-based advice firm is facing over a dozen claims regarding pension transfer advice, some of which involve British Steel pension scheme members.

In 2017, thousands of British Steel workers were advised to transfer their defined benefit pension. However, this advice may not have been suitable and many are now claiming compensation.

Broadgate Financial Management was authorised by the FCA until a change in status in September 2021.

The firm was dissolved on January 3rd 2023 following voluntary strike off action.


If you want to make a claim against Broadgate Financial Management, here’s some useful links…

You can make a claim yourself, for free, at the Financial Services Compensation Scheme (FSCS)

Financial Services Compensation Scheme
FSCS Making a claim
FSCS Contact Us

Money Helper
How to spot a pension scam

Money & Pensions Service
How MaPS can help those who have been scammed on their pensions


Using our service to handle your claim

We specialise in mis-sold pensions and investments claims.  Our claims service includes a full investigation & management of your claim.

Our success fee is calculated at 15%+VAT (total 18%) of the gross amount of compensation offered to you and is capped at £7,500 + VAT.

If we are unsuccessful in securing an offer of compensation for you, you will not have to pay our success fee.

Check if you have a case with our free initial assessment

If you think you may have been affected by pension mis-selling and would like some help, arrange an initial assessment with one of our friendly experts.

We’ll tell you if we think you have a case against Broadgate Financial Management and what your options are if you do. It’s free, confidential and there’s no obligation to use our claims service.

Fill in the form below 


Key Facts

The FSCS declared Broadgate Financial Management in default in January 2023 and is now accepting claims
If you're not sure if you have a case our initial telephone assessment could help.

We win more than 9 out of 10 claims

The cost of our service is 15% + VAT on the total monies awarded for a successful claim. Our cost is also priced capped at one of the lowest rates.

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.