If you took pension or investment advice from Suber PCS LLP, there is news you should know about. On 8 July 2026 the Financial Services Compensation Scheme declared the firm in default. That is the formal step that opens the door to compensation claims for former clients.
What has happened
Suber PCS LLP (FCA reference 408069) was an advice firm covering pensions and investments, and it has ceased trading. According to reporting by Professional Adviser, the FSCS received 25 claims against the firm relating to general investment business, and the upholding of one of those claims triggered the declaration of default on 8 July 2026.
A declaration of default means the FSCS is satisfied the firm cannot pay the claims made against it. Because the firm has failed, the route for former clients is an FSCS claim, with compensation of up to £85,000 per eligible person.
What this means for you
Discovering that a firm you trusted with your pension or savings has failed is unsettling, and many people simply do not know where to start. The important point is that a default declaration exists precisely so that clients with valid claims are not left carrying the loss alone.
If Suber PCS advised you to move your pension, or recommended investments that were unsuitable for your circumstances, you may have grounds for a mis-sold pension or investment claim. Claims of this kind can be time barred, so it is sensible to look into your position sooner rather than later.
What should you do next?
We start with a free initial assessment over the phone and aim to give you an early indication of what your claim may be worth. If you choose to go ahead, we work on a no win, no fee basis and take on all the investigatory work for you. Talk to us about your claim or call 0800 041 8359 today.
Sources: Professional Adviser, FSCS: Suber PCS LLP
