FSCS to accept claims against liquidated Czech Republic-based advice firm

Julia Bahr
clock • 3 min read

The Financial Services Compensation Scheme (FSCS) is accepting customers' claims against Planet Pensions involving advice in connection with pension transfers into and from The Forthplus SIPP and The Optimus Retirement Benefit Scheme.  In a comment given to International Investment's sister title Professional Adviser, the FSCS said Planet Pensions S.R.O. was a European firm acting in the UK under the FCA's passporting arrangements pre-Brexit. "At the moment we're still investigating the activities of the firm to understand if we're able to pay compensation under our rules," it added. ...

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