Stadia Trustees is now in liquidation, after being embroiled in a pension mis-selling and due diligence scandal.
Together with Brooklands and Monpelier Pensions, Stadia Trustees adds to the estimated 150+ claims against SIPP firms, set to be paid out by the FSCS.
Had a Stadia Trustees SIPP or SSAS pension? Contact a case assessor with Spencer Churchill Claims Advice to find out if you can make a claim.Get started now
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Many people who used to have a Stadia pension got moved to another provider: Mattioli woods.
About 1000 clients’ assets are known to have moved to Mattioli Woods, around 80% of which had involved high-risk investments – the problem in the first place.
Can you make a claim?
Stadia Trustees Limited is formed on the 22 March 2006.
In 2013, the FCA register updated for Stadia Trustees with a clear instruction: “Cease to accept all new regulated business”. This meant the firm would not be opening any new pensions.
Another SIPP provider, Mattioli Woods was appointed to administer the remaining Stadia SIPPs, including such like the Munro SIPP, Investor Club SIPP and others.
News came in that the FSCS was to payout for failed Stadia Trustee SIPPs that had been invested in high-risk investments.
Click the button below to see an example of a Spencer Churchill Claims Advice claim over a mis-sold SIPP – one of many!See example claim