Tier 2 Priority

Cyprus — UK pension transfer claims

Holistic Pension Transfer Specialists — declared in default by the FSCS in July 2024 — had a significant Cyprus-linked client base. Route 3 FSCS claims are now available.

Check Whether You Have a Claim Time Limits Guide

Area Assessment

What happened in Cyprus

Cyprus has a well-established community of British expatriates. During 2015–2024, a number of UK nationals resident in Cyprus received pension transfer advice linked to Holistic Pension Transfer Specialists Ltd (FRN 747407), a UK FCA-authorised firm that provided DB transfer specialist sign-off.

The FSCS declared Holistic PTS in default in July 2024 and the firm was formally dissolved in February 2025. Because Holistic PTS held FCA authorisation, affected clients — including those resident in Cyprus — can access Route 3 FSCS claims up to £85,000 per person per firm. For losses above this, Route 4 civil litigation is assessed.

Who this affects

UK nationals resident in Cyprus who received pension transfer advice linked to Holistic PTS, or who were advised on UK pension transfers by any other FCA-authorised firm while living in Cyprus.

Named Firms

Adviser Firms Linked to This Area

Each firm below has a dedicated claim page with route analysis, firm-specific FAQs, and current regulatory status.

Holistic Pension Transfer Specialists Wellington Court Financial Services deVere Group

Questions & Answers

Frequently Asked Questions

I am a British expat in Cyprus. Can I claim through the FSCS?

Yes. The FSCS is available to UK nationals regardless of current residence, provided the advising firm held FCA authorisation — which Holistic PTS (FRN 747407) did.

My loss is more than £85,000. What are my options?

Route 4 civil litigation is uncapped. We assess Route 4 alongside Route 3 for all cases where losses may exceed £85,000.

Urgent — Act Promptly

Time Limits Apply

⚠ Check Your Position Now

Whether your case is still open depends on when you first became aware of a potential problem — not simply when the transfer took place. The three-year discovery rule means some cases that appear old may still be within time.

View our full time limits guide →

Important Notice

Redress Advisory Ltd (Company No. 17295681) is a technology platform that provides case assessment and referral services. Redress Advisory is not a claims management company and is not regulated by the Financial Conduct Authority as such. All regulated claims management activity and legal work is carried out exclusively by our Operating SRA Partner (OSP) solicitor firms, each of which is independently authorised and regulated by the Solicitors Regulation Authority.

You do not need to use Redress Advisory or a solicitor to pursue a pension mis-selling complaint. You can complain directly to the financial firm, escalate to the Financial Ombudsman Service (FOS), or apply to the Financial Services Compensation Scheme (FSCS) yourself, free of charge. If you instruct a solicitor through our OSP partner panel, their fees will reduce any compensation you receive.

The information on this page is for general informational and educational purposes only. It does not constitute legal, financial, or regulated advice of any kind. Individual outcomes depend on the specific facts of each case.

FOS: 0800 023 4567 | FSCS: 0800 678 1100 | FCA Register: register.fca.org.uk