Arrow Financial Services UK Ltd, trading as Arrow Asset Management
Failed 09 August 2023
You might be eligible for compensation
On 22 June 2022 Arrow Financial Services UK Ltd was dissolved. The firm was placed under investigation by FSCS in April 2023.
FSCS is investigating whether Arrow Financial Services Ltd was involved in any regulated activities and whether these activities may give rise to valid claims.
It is also one of the companies associated with claims regarding the British Steel Pension Scheme (BSPS).
In 2017, many British Steel workers were advised to transfer out of their defined benefit pension into a defined contribution pension, known as a Personal Pension Plan or a Self-Invested Personal Pension (SIPP).
By transferring to a private pension arrangement, they would have lost the benefits already built up in the British Steel Pension Scheme. It may not have been realistic to achieve the same level of benefits from their new plan.
The advice they received may not have been the best advice for them.
If you think that this applies to you, download our compensation claim guide (pdf 0.1MB), and when you're ready, click the ‘Check if you can claim’ button.
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