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Daniel Stewart & Company

Did you receive pension advice from Daniel Stewart & Company?

The London-based advice firm was declared in default by the Financial Services Compensation Scheme on August 15th 2022.

According to the Financial Conduct Authority register the firm stopped being regulated by the FCA on 25th February 2021.

The firm went into administration in February 2019 and was dissolved in June 2021.

Daniel Stewart & Company previously traded as Oval Ltd.

Opes Distribution Limited were Appointed Representatives of the company from 2017 until 2020.

We can help you check if you have a mis-sold advice claim


Our initial assessment can check if you may have been given mis-sold pension advice


Each case is individual, but as mis-sold pension specialists we know to look for certain signs that indicate unsuitable pension advice may have been given.


Our initial assessment is free and there’s no pressure to use our claims service if you have case.

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FSCS Claims Against Daniel Stewart & Company

The FSCS told reporters it has received 6 claims from former clients who believe they have received unsuitable investment advice.

Of the claims, 3 relate to self-invested personal pension (SIPP) investment advice and 3 are in relation to other types of investment.

According to the FSCS one of the claims mentions Opes Distribution, a specialist introducer for sophisticated investors, which acted as an introducer for Daniel Stewart & Company.

For the claims four have complained via representatives, with the remaining two claiming directly to the FSCS.

Daniel Stewart & Company was formerly known as Oval Ltd and also traded at Daniel Stewart & Company Ltd.

Can I still claim if my adviser is in default?

Yes you can still make a claim if your Adviser has been declared in default by the FCSC.

The FSCS usually declares default when they are satisfied that there’s protected claims against a firm. And that they are unlikely or unable to pay compensation in respect of claims.

So, you can still make a complaint against your adviser, but it will be processed by the FSCS who will pay compensation if you have an eligible claim.

The Financial Services Compensation Scheme (FSCS) has limits to how much compensation it can award. This is dependent on factors such as when and how you were mis-sold.

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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.