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Niche Independent Financial Advisers Ltd

Failed 17/01/2024

FRN: 472635

Niche Independent Financial Advisers Ltd was declared in default by the Financial Services Compensation Scheme (FSCS) in January 2024.

In May 2023 the FSCS announced that the firm had stopped trading and that it was placed under investigation.

According to the FCA register the firm also traded as Niche Pension Specialists and was previously known as Niche IFA between Oct 2007 and Feb 2019.

The FCA also confirmed that Niche Independent Financial Advisers Ltd entered liquidation in May 2023.

 

Claims against Niche Independent Financial Advisers Ltd

The FSCS says it is now considering customers’ claims against this firm on a ‘case-by-case basis’ to determine if they are eligible for compensation. 

It’s been reported that the FSCS has received 175 claims against Niche Independent Financial Advisers, of which one has been upheld and 49 have been rejected. This is mainly due to ‘the claims being calculated as having no financial loss.’

British Steel Claims

The FSCS also confirmed that Niche Independent Financial Advisers Ltd is one of the many companies associated with claims regarding British Steel pensions.

In 2017 thousands of British Steel pension scheme members were given unsuitable advice to transfer out of their defined benefit pension into personal pensions such as SIPPs.

You can make 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 Pension Claim Consulting to handle your claim

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

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 want help establishing if you have a case our free initial assessment could help.

We can tell you if we think you have a case and what your options are if you do – no obligation to use our claims service.

Simply fill in the form below.

Key Facts

1
Niche Independent Financial Advisers Ltd was declared in default by FSCS in January 2024

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.