STEP BY STEP FINANCIAL SOLUTIONS LTD

Incorporated in May 2006, STEP BY STEP FINANCIAL SOLUTIONS LTD was a financial advisory company based in Blackpool, UK. The firm provided advice on investments and pensions but ceased trading and was officially dissolved in February 2019. The company has since come under scrutiny for providing unsuitable advice, particularly regarding pension transfers into high-risk Self-Invested Personal Pensions (SIPPs). In 2021, the Financial Services Compensation Scheme (FSCS) declared the firm in default, meaning it was unable to pay the compensation claims made against it for mis-selling, leading the FSCS to step in to handle claims.