Lifestyle Financial Consultancy Ltd
What this means for you
Because Lifestyle Financial Consultancy 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
Lifestyle Financial Consultancy Ltd (FRN 628838), a pension advisory and administration firm offering pension advice, pension transfer services, and self-invested personal pension (SIPP) administration, was declared in default by the Financial Services Compensation Scheme on 12 October 2021. The firm had provided guidance on pension arrangements and managed retirement savings vehicles for its clients. Eligible customers may claim compensation of up to £85,000 under FSCS protection rules for pension-related services.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.