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Connected Financial Services

Trading as Otium Finance & Rothgen Capital

Check if you have a claim

Connected Financial Services Ltd was a financial advice firm based in the West Midlands.

It also traded as Otium Finance and Rothgen Capital.

According to companies house the business is in the process of dissolving.

The firm was declared in default by the Financial Services Compensation Scheme (FSCS) in September 2020.

The FSCS usually declares a company in default once it has satisfied there are protected claims.

And that the company is unlikely or unable to pay the compensation.

Check if you have a mis-sold pension advice claim

1

You may be eligible to make a claim if you were given unsuitable advice by Connected Financial Services Ltd.

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Our initial assessment can help establish if you have a case.


3

It’s free and confidential and there’s no obligation to use our claims service if you have case.

Free Pension Mis-selling Assessment

Claims against Connected Financial Services

In 2020 it was reported that dozens of compensation claims had been made to the FSCS against Connected Financial Services.

Prior to this the Financial Ombudsman Services (FOS) also upheld a claim in relation to self-invested personal pension (SIPP) advice.

Forthplus SIPP pensions

Connected Financial Services may have given clients unsuitable advice to transfer their pensions into SIPPs with Forthplus Pensions.

Forthplus Pensions was declared in default by the FSCS and was placed into special administration in October 2020. This was following a large number of complaints relating to due diligence.

Forthplus made headlines after concerns that two companies, who had introduced business to them, may have given clients unsuitable pension transfer advice.

Can I still make a claim if Connected Financial Services is in default?

You can still make a claim for compensation against Connected Financial Services, trading as Otium Finance and Rothgen Capital.

But the claim will be processed by the Financial Services Compensation Scheme (FCSC).

The Financial Services Compensation Scheme exists to protect the customers of financial services firms that’ve failed and can’t pay claims.

When a firm is declared in default, they step in and can pay compensation to eligible claimants.

The FSCS is limited to how much compensation it can award, which depends on when and how you were mis-sold.

The maximum amount it can currently award is capped at £85,000.

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    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.