Reasons for Default and Client Compensation Claims
Clients have submitted claims against Mr and Mrs Speller, alleging that Solutions Financial Services provided unsuitable advice, particularly in relation to pensions and high-risk investments. These claims often involve individuals being advised to transfer out of defined benefit pensions into unsuitable schemes, leading to significant losses.
With the partnership now in default, the FSCS is processing claims from affected clients and offering financial redress where appropriate.
Trading Styles
| Trading Style / Partnership Name | Date Range |
|---|---|
| Solutions Financial Services | Trading name of the partnership |
| Mr G and Mrs P Speller | FCA-registered individuals and firm principals |
Why can you claim for compensation or redress against Solutions Financial Services?
The business is no longer operating and has been declared in default by the FSCS. If you were advised by this firm and suffered losses due to poor financial advice, especially concerning pensions or investments, you may qualify for compensation.
Background
- FCA Firm Reference Number: 454016
- Authorised by the FCA since: 7 November 2003
- Status: Partnership (ceased trading and declared in default)
- Nature of claims: Mis-sold pensions and unsuitable investment advice
Who was involved?
According to the FCA Register, the individuals responsible for regulated advice under this trading name were:
- Mr Graham Speller
- Mrs Paula Speller
Appointed Representatives and Agents
There are no known appointed representatives listed under this trading name. If you received advice through an associated adviser, we can investigate whether it was provided under the Spellers’ regulatory permissions.
How can we help?
We’ve successfully helped thousands of clients reclaim compensation through the FSCS for unsuitable pension advice and investment losses. Our No Win No Fee service ensures you pay nothing upfront, and nothing at all unless we succeed.
How does it work?
It starts with a free consultation. If we think you have a valid case, we’ll conduct a full investigation, collect evidence, and submit a complaint to the FSCS on your behalf. We work to maximise your compensation and handle everything for you.
Seek Claim Advice Today
Call now for a free consultation with a pensions and investments claims expert. Even if you’ve previously received compensation, you might still be eligible for more.
Call 0800 041 8358 to speak to our team by phone or video. Time limits may apply, so act quickly.
NB: Information for this page was gathered on 07/05/2025 from the FSCS, FCA Register, and Companies House, and is accurate to the best of our knowledge as of that date.
Company background (public record)
The company was incorporated at Companies House on 14 July 2020 under company number 12741417. Its status at Companies House is recorded as dissolved.
Registered office: 3rd Floor, 86-90 Paul Street, London, EC2A 4NE, United Kingdom.
Nature of business (SIC): 64929, 66220.
Company timeline (public record)
Key dated events for this firm, drawn from public records. Each entry shows its source.
| Date | Event | Source |
|---|---|---|
| 06 Aug 2004 | FCA status recorded as: No longer registered as an Appointed Representative | FCA Register |
| 14 Jul 2020 | Company incorporated | Companies House |
| 14 Jul 2020 | Michael Berko Darfoor appointed director | Companies House |
| 14 Jul 2020 | Mr Michael Berko Darfoor appointed PSC | Companies House |
| 21 Dec 2021 | Company dissolved | Companies House |
| 27 Oct 2022 | Declared in default by the FSCS | FSCS |
Who was involved?
The following individuals are listed on public records in connection with the firm. These are matters of public record only and their inclusion does not imply any wrongdoing by any named person.
- Michael Berko Darfoor. Listed at Companies House as Active | director (appointed 2020-07-14).
- Mr Michael Berko Darfoor. Listed at Companies House as Person with significant control (appointed 2020-07-14).
Review page sources: FCA Register (FRN 402668) · Companies House (12741417) · FSCS. Public records, provided for transparency.
