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Failed 24/02/2023

FRN: 774374

RSS&L Ltd declared in default

RSS&L Ltd was declared in default by the Financial Services Compensation Scheme (FSCS) in February 2023.

The firm was dissolved in November 2019 and according to the FCA Register has been “no longer authorised” since July 2018.


Claims against RSS&L Ltd

Recent reports say the two claims have been made to the FSCS against RSS&L Ltd. One claim is still in progress, but one was upheld which triggered the declaration of default.  The claims, which relate to Defined Benefit pension transfers, also includes British Steel Pension Scheme claims.

In 2017, thousands of British Steel Pension Scheme members were given unsuitable advice to transfer their pensions into defined contribution pensions. Also known as a Personal Pension Plans or a Self-Invested Personal Pensions (SIPPs).

As this firm is no longer trading and has been declared in default claims will now be processed by the FSCS.


Making a claim yourself

You can make a claim yourself for free against RSS&L Ltd with the Financial Services Compensation Scheme.

Here’s some useful links…

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

Or let our service take care of your claim

We are one of the UK’s leading claims management firms specialising in mis-sold pension and investment compensation claims.

Our service includes full investigations and total management of your claim on your behalf.

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


Not sure if you have a case 

If you’re not sure if you have a case against RSS&L Ltd – our initial assessment could help.

It’s simply a chat with one of our friendly experts who can tell you if we think you have a case. And what your options are if you want to make a claim.

It’s free, confidential and there’s absolutely no obligation to use our claims service.

Just fill in the form below to arrange yours! 

Key Facts

The Financial Services Compensation Scheme (FSCS) declared RSS&L Ltd in default by in February 2023.
If you're worried you may have been affected and would like to know if you may have a case - our free initial assessment can 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.