Did you trust Reis Financial Planning with your pension? You might be owed compensation.

You could be out thousands in pension savings and not even know it. Many people trusted Reis Financial Planning Ltd. with their pension transfers, thinking they were in safe hands.

Turns out that trust may have been misplaced.

Unsure if you’ve been caught up in all this? You wouldn’t be the first. Most people don’t realise they’ve been mis-sold a pension until they take a closer look. This guide will break it all down: who Reis Financial Planning Ltd. was, what went wrong, and, most importantly, whether you can claim back your money.

Need to know more first? Here’s our guide to Reis Financial Planning Ltd:

• Who are Reis Financial Planning Ltd.?
• What happened to Reis Financial Planning Ltd.?
• Reis Financial Planning Ltd: Complaints and reviews
• Could you have been mis-sold your pension?

Who are Reis Financial Planning Ltd?

Reis Financial Planning Ltd. was a financial advisory firm helping people transfer their pensions and make investment decisions. On paper, they were the experts. You go to them for advice; they help you make the right call for your future.

It didn’t always end up working out that way. Pension transfers aren’t always the golden opportunity they’re made out to be. And when the advice isn’t up to scratch, people lose money. Fast forward to today, and Reis Financial Planning Ltd. has been declared in default, meaning many people who trusted them have lost money, sometimes without even realising it.

Who owns Reis Financial Planning Ltd.?

Reis Financial Planning Ltd. was privately owned and operated out of West Yorkshire. The firm lost its authorisation from the Financial Conduct Authority (FCA) in June 2023, meaning they could no longer legally provide financial advice. Shortly afterwards, in October 2023, the company was officially dissolved, leaving many clients wondering what was going to happen with their retirement savings.

Reis Financial Planning Ltd. has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 20 February 2025, which means compensation claims are officially on the table. If you moved your pension or took investment advice from them, you could be owed up to £85,000.

What happened to Reis Financial Planning Ltd.?

Reis Financial Planning has dissolved, leaving a big mess behind for many of its former clients. Here’s how it all went down:

• June 2023 – The firm lost its FCA authorisation.
• October 2023 – The company was officially dissolved.
• February 2025 – The FSCS stepped in and declared them in default.

What does this mean for you?

If you transferred your pension through Reis Financial Planning Ltd. before 2023, there’s a chance you were given bad advice without knowing it. Maybe they downplayed the risks, overpromised returns, or left you with a pension that’s not performing as promised.

Now that the FSCS has stepped in, you could be owed up to £85,000 in compensation. If there’s even a small chance you’ve been affected, it’s worth checking. After all, it’s your retirement savings on the line.

Reis Financial Planning Ltd complaints and reviews

Former clients of Reis Financial Planning complained about several things that left them out of pocket, including:

• Sneaky fees – Charges that quietly chipped away at their pension pots.
• Overpromised returns – Bold claims about investment returns that didn’t deliver.
• Lack of transparency – Vague explanations that skipped over the risks.

After plenty of negative reviews and formal complaints, the FSCS finally stepped in. If Reis Financial Planning Ltd. left your pension feeling a little lighter, get in touch to see if you’re owed money from their poor advice.

Was Reis Financial Planning Ltd. a scam?

Reis Financial Planning Ltd. may not have been officially labelled a scam, but for those who’ve seen their savings vanish, it definitely felt like one. Whether it was a scam or just poor advice, the result is the same: your pension pot isn’t where it should be.

Were you mis-sold your pension?

Most people don’t realise they’ve been mis-sold a pension until the damage is done. Think back, does any of this sound familiar?

• Did you transfer out of a secure final salary (defined benefit) pension? – This can lead to you losing out on guaranteed benefits and income.
• Were you not told about fees or charges? – These can quickly eat into your retirement savings.
• Did your adviser fail to mention anything about risk? – Such as tax implications, unpredictable markets, or the potential for losses.
• Were you promised big returns? – All investments are risky, and there are no guarantees of high returns.
• Did you feel rushed into signing? – Advisers trying to make a quick commission don’t allow much time for consideration.

If any of this rings a bell, there’s a good chance you were mis-sold your pension, and you could be owed compensation. It costs nothing to check, so get in touch now, and we’ll do all the hard work for you.

Claim back what’s yours with Spencer Churchill Claims Advice

If Reis Financial Planning Ltd. gave you dodgy pension advice, there’s still time to make things right. The FSCS is involved, and you could claim up to £85,000 in compensation.

We make it simple, fast, and stress-free:

• Free, no-obligation claim review – Find out quickly if you’re eligible.
• No upfront fees – Our no-win, no-fee promise means zero risk for you.
• We handle everything – Paperwork, negotiations, and all the back-and-forth.

Even if you’re unsure, checking won’t cost you a penny. Think you might have been mis-sold by Reis Financial Planning Ltd? The only way to know for sure is by having a quick chat with our team. Call us now on 01204 929 929 or request a callback using our quick enquiry form.