FSCS in-default register

Reis Financial Planning Ltd

Declared in default20 February 2025FRN 673257

What this means for you

Because Reis Financial Planning Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Reis Financial Planning Ltd (FRN 673257), which provided pension advice, pension transfer services, and SIPP administration, was declared in default by the Financial Services Compensation Scheme on 20 February 2025. Former customers of the firm may be entitled to FSCS compensation of up to £85,000 for pension-related claims, subject to the scheme's standard eligibility criteria. The firm's default marks the end of its regulated operations in the UK financial services sector.

Products this firm wrote

Pension advicePension transferSIPP administration

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.