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Blue Ocean Financial Services Claims Guide

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Blue Ocean Financial Services is no longer authorised by the Financial Conduct Authority, meaning it can no longer execute or advice on regulated business, like Pension Transfers into SIPPs.

In fact, Blue Ocean Financial Services was dissolved in 2016, falling into default with the FSCS, meaning that the compensation scheme is satisfied that it can no longer pay out claims made against it for negligent advice, leaving the life-boat scheme to pick up the pieces…

If Blue Ocean gave your SIPP pension advice then you may have been mis-sold, and you may be able to make a mis-sold pension claim on a No Win – No Fee* basis.

Can You Make A Blue Ocean Financial Services Claim?

Several financial advisers and the FSCS have been paying out compensation for mis-selling investments via SIPPs and SSASs for a few years, with Spencer Churchill Claims Advice often leading the claim on a No Win – No Fee* basis.

If you:

  • Transferred your pension to a SIPP
  • Made high-risk investments
  • Aren’t earning over £100k per year
  • Aren’t a Sophisticated Investor

Then you may have been mis-sold, and you could be able to make a claim for negligent SIPP advice.

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When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.

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Blue Ocean SIPP Claims

Many pension-savers around the country took financial advice from various advisers to transfer their pensions into SIPPs: Self-Invested Personal Pensions,  and ended up in high-risk, unregulated investments and/or non-standard assets, such as children’s services schemes and overseas property investments, that they didn’t have the experience to manage, nor the capacity for loss should things go wrong.

At Spencer Churchill Claims Advice, we have experience to deal with these situations, guiding our clients step-to-step as we build cases against their financial adviser for negligent advice, claiming back.

Blue Ocean Financial Services Timeline

  • Company Formed

    2002

    2002 marked the creation of Blue Ocean Financial Services.

  • Company Dissolved

    2016

    15 November 2016 saw Blue Ocean Financial Services dissolved as a business.

  • FSCS Default

    2017

    In July 2017, the FSCS declared Blue Ocean Financial Services in default – meaning that the compensation scheme was satisfied that Blue Ocean could never pay any compensation for any negligent advice it gave, and that the FSCS would pay instead.

SOPHISTICATED INVESTOR

Do you have a wealth of knowledge and experience in investing?

HIGH NET-WORTH 1

Do you earn in excess of £100,000 per annum?

HIGH NET-WORTH 2

Or do you own £250,000 worth of investable assets?

Do you know how people complained about mis-sold investments and pensions in the last year?

A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.

People receive poor financial advice every day. Sometimes they don’t even realise that they’re owed whopping amounts of compensation.
Free Initial Assessment: No-Obligation Chat

Have you been a victim of financial mis-selling?

Answer a few questions and find out if you have good grounds to make a financial compensation claim:

Step 1 of 6

Were you told to invest all, or most, of your savings into a single product?

Reaching out for help is never easy,
especially if you’ve been misled in the past.

But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.

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Spencer Churchill Claims Advice featured on:

  • The Herald
  • Southern Daily Echo
  • Manchester Evening News
GCA Team People
Regulated Solicitors Regulation Authority

Spencer Churchill Claims Advice Will:

  • Speak to you in plain English
  • Provide you with a dedicated claims specialist
  • Pay attention to the small details of your case
  • Keep you up to date with the status of your claim
  • Make sure you understand our charges
  • Do absolutely everything we can to win your claim

Find out how much you could claim today

Ready to take the next step? We’re here with clear, no-pressure advice. Give us a call today to find out if you have a valid claim

Call: 01204929929

Office hours:

Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed

Find out how much you could claim. Fill in the form, and we’ll get back to you with free, no-obligation advice.
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