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Three-year-old advice firm fails after SIPP complaints

Failed in September

The FSCS said it had so far received four claims against the firm which mostly related to self-invested personal pension (SIPP) advice and “other pension advice”.
The FSCS said it had so far received four claims against the firm which mostly related to self-invested personal pension (SIPP) advice and “other pension advice”.
  • Sophie King
  • Sophie King
  • 01 October 2020
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Rex Financial Services (RFS) has been declared in default by the Financial Services Compensation Scheme (FSCS) after opening just three years ago.

RFS was incorporated on 9 November 2017 and declared in default by the FSCS on 29 September. The FSCS said it had so far received four claims against the firm that mostly related to self-invested personal...

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