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LEBC Group Ltd

Under Investigation 09/08/2023

FRN: 760755

LEBC Group Ltd is currently under investigation by the Financial Services Compensation Scheme (FSCS).

On 9 August 2023 it was announced that the firm had entered administration following the sale of its assets to Aspira.

LEBC Holdings Limited is the parent company to both LEBC Group Ltd and Aspira.

According to reports the sale, which includes its client book and staff, was agreed with the Financial Conduct Authority (FCA).

Joint Administrators Daniel Conway and David Hudson of FRP Advisory Trading Ltd have been appointed.

 

FSCS investigating LEBC Group Ltd claims

The FSCS says at present it is investigating LEBC Group Ltd and considering claims on a case-by-case basis. This is to determine if the claims are eligible for compensation.

The FSCS says that LEBC Group Ltd advised some customers to transfer out of Defined Benefit Pension Schemes. It also said that some of this advice may have been unsuitable for some clients, who could have lost out on benefits already built up in their defined pension scheme as a result of transferring.

LEBC Group Ltd has had several complaint decisions upheld by the Financial Ombudsman Service and the most recent relates to unsuitable pension transfer advice.

Making a claim yourself

Here’s some links to help you get started…

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’re one of the UK’s leading Claims companies specialising in compensation claims for mis-sold pensions.

Our outstanding claims service includes a full investigation and total 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.

 

Our Initial Assessment

If you’re not sure if you have a case and want help establishing if you do – our free initial assessment can help.

We can tell you if we think you have a case and what your options are if you want to make a claim. No obligation to use our claims service.

Simply fill in the form below.

Key Facts

1
LEBC Group Ltd is in administration and currently under investigation by the Financial Services Compensation Scheme

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.