FSCS Failed Firms · FRN 798939

REX Financial Services LLP — FSCS Claims & Compensation (FRN 798939)

FailedPensions, Insurance, Investments29 September 2020
Quick Answer

REX Financial Services LLP (FRN 798939) was failed and declared in default by the FSCS on 29 September 2020. If you were advised by REX Financial Services and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.

REX Financial Services LLP appears on the FSCS failed-firms register. It was failed and declared in default on 29 September 2020, in the Pensions, Insurance, Investments category.

What this means for you

If REX Financial Services advised you on a pension — for example transferring a workplace, personal or final-salary pension, or moving it into a SIPP — and the advice was unsuitable for you, you may have a claim. Where the firm has failed, eligible losses can be claimed from the FSCS up to £85,000 per person.

If REX Financial Services advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.

If REX Financial Services advised you on an insurance or protection product that was unsuitable, you may also be able to complain and seek redress.

Your options

  • FSCS — where REX Financial Services has failed, you may claim eligible losses up to £85,000 per person, per firm. You can claim free at fscs.org.uk without using a solicitor.
  • A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
  • Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.

Were you a client of REX Financial Services?

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FAQ

Is REX Financial Services LLP still trading?

REX Financial Services LLP (FRN 798939) appears on the FSCS failed-firms register and was failed and declared in default on 29 September 2020. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against REX Financial Services?

You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.

How much could I claim for REX Financial Services?

Where eligible, the FSCS pays up to £85,000 per person, per failed firm. The actual amount depends on your assessed loss and your individual circumstances.

This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.

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