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

Planet Pensions linked with unsuitable advice

clock • 3 min read
The FSCS revealed that addition to The Forthplus SIPP and The Optimus Retirement Benefit Scheme, it is also aware that Planet Pensions provided advice to customers to transfer into and from several other pension schemes.
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The FSCS revealed that addition to The Forthplus SIPP and The Optimus Retirement Benefit Scheme, it is also aware that Planet Pensions provided advice to customers to transfer into and from several other pension schemes.

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 PA, 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...

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