FSCS in-default register

RHT Financial Services Ltd

Declared in default20 January 2021FRN 230738

What this means for you

Because RHT Financial Services 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

RHT Financial Services Ltd (FRN 230738), which provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration, was declared in default by the Financial Services Compensation Scheme (FSCS) on 20 January 2021. Customers who held investments through the firm may be entitled to FSCS compensation of up to £85,000. The default marked the end of the firm's 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.