Skip to main content Skip to need help

The Freedom SIPP Ltd

Under investigation 16 March 2011

FRN: 465194

FSCS has now concluded its investigation into whether there are valid due diligence claims against Freedom SIPP Ltd (“Freedom”) under FSCS rules.

FSCS's decision to pay compensation must be in accordance with the COMP rules. We've carried out a thorough examination of the claims we've received against Freedom, and following this, we're not satisfied there are valid due diligence claims.

The Freedom SIPP was established in 2003 and closed to new business on 11 September 2008. It subsequently entered liquidation on 14 October 2009. It was authorised by the FSA (predecessor of the FCA) on 11 May 2007. Prior to this, SIPPs were not regulated by FCA. We can only consider claims arising after Freedom became authorised. 

Based on the claims presented to date, there is not enough evidence to satisfy us that there were any due diligence failings on the part of Freedom.

This means that, based on the evidence seen to date, customers are unlikely to have valid claims against the Firm regarding its due diligence failings.

About FSCS

If the financial firm you've used has failed and can't pay your claim, we may be able to pay compensation.

We’re independent and free to use - claim through us and you'll keep 100% of your compensation. Find out more about us.

Getting in touch

Contact us on the number below, or via any of the methods on our Contact us page.
Phone contact icon 0800 678 1100
Back to top Up Arrow