KBFS FINANCIAL LIMITED
Why can you claim for compensation or redress against KBFS Financial Limited?
The Financial Services Compensation Scheme has declared KBFS Financial Limited (FRN 831504) as under investigation as of 9th April 2024.
The firm is no longer authorised by the FCA, so the FSCS is now considering claims against them.
Background
According to the FCA register The company had its authorisation revoked on 09/02/2024.
This company is associated with claims regarding the British Steel Pension Scheme. The firm’s failure was primarily due to its involvement in providing unsuitable pension transfer advice, particularly to members of the British Steel Pension Scheme (BSPS). The Financial Ombudsman Service (FOS) upheld complaints from five clients who had been advised by KBFS to transfer out of their defined-benefit occupational pension schemes, determining that the advice was inappropriate. KBFS Financial Limited failed to pay the redress awarded by the FOS to these clients and did not engage with the FCA in an open and cooperative manner.
Who was involved?
The following is a list of individuals who were previously involved in regulated activities at Kathryn Brown.
Kathryn Brown, Callum Brown and Michael Brown
How can we help?
We have helped thousands of customers on a no-win no-fee basis get the compensation and justice they deserve when making claim against regulated companies like Kathryn Brown.
How does it work?
The first step is a free no-obligation consultation, you can learn more about services on our making a claim page.
Once we have assessed your claim, if we believe you are due compensation then we will help you build the best possible complaint by launching a full investigation, gathering evidence from all the relevant parties to package your claim and submit to the Financial Services Compensation Scheme. We will argue your case to ensure you receive the maximum amount of compensation available to you.
Seek Claim Advice Today
We offer an expert pension consulting service. One of our experts will be able to talk through your options and tell you what the best option for you is. If you do decide to use our services, then know that our fees are very reasonable. However, you need to act fast as there may be time-barring restrictions in place.
Call us now for a phone or video consultation with one of our legal experts on 0800 041 8358 to find out if you are entitled to compensation, you may even be entitled to additional compensation if you have successfully claimed in the past.
NB: Information for this page was gathered on 15/04/2024 from the following sources, FSCS Website, FCA Register, Companies House Register and is to our knowledge accurate as of that date.
