Gaudi Regulated Services Limited has been declared to be in default by the Financial Services Conduct Scheme (FSCS).
Who were Gaudi Regulated Services?
Gaudi Regulated Services Ltd, was a SIPP operator authorised and regulated by the Financial Conduct Authority (FCA). Gaudi was a Self Invested Personal Pension (SIPP) provider which allowed various different investments within its product, including unregulated and high risk investments.
We understand that Gaudi provided or administered ‘white label’ SIPPs which could be branded and modified to suit another firm (referred to as a ‘business partner’).
Gaudi also worked with a number of Discretionary Fund Managers such as Beaufort Securities, Strand Capital, Reyker Securities & Organic Investment Management, most of which have now failed and all who have been subject to their own FCA investigations.
What is a Self Investment Personal Pension (SIPP)?
Self Investment Personal Pensions or SIPPs, as they are more commonly known, are ‘do-it-yourself’ pensions that are designed for experienced or sophisticated investors who want greater control over their pension and a greater degree of flexibility in the types of investments that their pension makes.
Gaudi Regulated Services Limited was an FCA (Financial Conduct Authority) regulated pension firm, which allowed high-risk or unregulated investments within its SIPP.
Why did Gaudi go into Administration?
According to the FCA’s Statement, Gaudi entered into administration following several complaints made by its customers to the Financial Ombudsman Service (FOS). Many of these complaints were upheld in favour of consumers and were in relation to some of the investments Gaudi allowed within its SIPPs.
Gaudi’s board of directors recognised the financial liabilities associated with these decisions and further potential FOS decisions following suit. After obtaining the advice of insolvency practitioners and concluded that the firm was insolvent, the board made the decision to place the company in administration.
On 25th April 2023, the directors appointed Sean Bucknall and Andrew Watling of Quantuma Advisory Ltd as Joint Administrators. The sale of Gaudi’s book (its assets & customers) to Platform One Ltd took place on 25 April 2023, shortly before Gaudi entered administration.
FSCS declares Gaudi ‘In Default’ (2026 Update)
- When was Gaudi declared In Default? – The FSCS declared Gaudi to be in Default on the 20th of March, 2026
- What does In Default mean? – In the exact words from the FSCS website: “‘In default’ is FSCS’s technical term for when a person or firm fails and can’t pay claims against it.”
The FSCS began investigating Gaudi Regulated Services Limited in April of 2023, as it accepted customers’ claims against the firm. In its most recent update on its official website, the FSCS has stated:
FSCS Statement – March 2026
“Following our last update, and the release of a specific cohort of claimants who held the GRSL EasySIPP, we can confirm that on 20 March 2026, FSCS declared Gaudi Regulated Services Limited in default.
“FSCS will continue to assess the GRSL EasySIPP claims on an individual basis and pay compensation to customers with a valid claim.
“We will provide a further update shortly relating to our investigation into the SIPPs administered by Gaudi that had a linked business partner.”
In summary, the FSCS:
- Declared Gaudi to be In Default
- Will pay compensation to valid claimants
- Continues to assess GRSL EasySIPP claims
Can I Claim Compensation from Gaudi?
If you transferred your pension to Gaudi, you may be eligible to make a claim for compensation to recover your losses. Our in-house, Financial Litigation team will assess your claim over the phone, or via email, and provide you with an immediate decision as to whether we can assist you with making a claim.
What types of losses can be covered?
Types of losses you may be able to claim against include:
- Mis-sold pensions claims
- Unsuitable investments claims
If you are thinking about making a SIPP compensation claim in the UK, phone Oakwood Solicitors today on 0113 200 9720.
What should I do if I invested with Gaudi?
If you have lost money in a Gaudi SIPP and believe you were mis-sold your investment, take action as quickly as you can:
How much compensation could I receive?
Subject to you having a viable claim for pension loss made within the UK, you will be able to recover compensation equivalent to the losses that you suffered. The amount you may be entitled is subject to different factors, such as you having received compensation from a previous claim.
How long do Gaudi claims take?
There is no fixed timeframe when it comes to claims for financial losses. As each case is unique, it is difficult to provide an estimated time for conclusion.
However – after you have contacted us, your case-handler will be able to discuss how long it may take, and if there are any circumstances that may impact the length of time your claim takes to conclude. Examples of these may include the complexity of your case and the parties involved.
No-Win, No-Fee Gaudi claims – how do they work?
No-win, no-fee claims are also know as Damages Based Agreement (DBA) claims. If we are unsuccessful in your mis-sold pension settlement, you will not be charged a single penny. Therefore, there is no risk to you for making a claim with us.
A DBA is a fixed-fee agreement, where our fee is determined by how much compensation is awarded. Our team can provide examples of fees based on the estimated compensation upon request.
Oakwood Solicitors is a trusted community Law Firm, handling claims nationwide across the UK. We are fully overseen by the Solicitors Regulation Authority.
To make a no-win, no-fee pension claim – contact our expert Solicitors in UK financial mis-selling matters by phone or email.
Why use a Solicitor for a Gaudi claim?
We strongly advise instructing a Solicitor in Financial Litigation matters, as this area of law is complex and subject to constant change.
Having legal backing can mean the difference between success and failure as a case, as the correct legal grounds need to be established in order for a claim to be successful. An unrepresented case has a higher risk of being rejected due to the complexities of the UK’s legal landscape.
Not only is a case with legal representation more likely to succeed, it removes much of the worry about the process, as your Solicitor does the work for you. By instructing us, you have accepted a wealth of expertise and understanding to build the strength of your case.
Why Choose Oakwood Solicitors Ltd to make my claim against Gaudi?
- No-Win, No-Fee
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We are fully overseen by the Solicitors Regulation Authority (SRA)
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Our team has many years of experience in Financial Litigation claims
- We work fully in-house
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You will have a dedicated case handler
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End-to-end service: You will be guided through every step of the process from start to finish, with advice and clarification where required.
Start Your Gaudi Claim Today
If you have lost money by investing in a GRSL EasySIPP Self-Invested Personal Pension through Gaudi Regulated Services Limited, you may be entitled to claim for your losses.
Get in touch with our team today for a free initial consultation:
Our team handles each enquiry with the strictest of confidence, and there is no obligation to proceed upon getting in touch.
Further reading
Gaudi Regulated Services Limited – Oakwood Solicitors
Gaudi Regulated Services Limited in administration – Financial Conduct Authority (FCA)
WHAT TO DO NEXT
If you have lost money as a result of investing in a Gaudi SIPP, get in touch today for a no-obligation consultation. Choose one of the methods on the right-hand side of this page, or call us on 0113 200 9720 to find out how we can help you.
Stephanie Gardiner joined Oakwood Solicitors in 2018 as a new enquiry handler after completing her Law Degree and graduating from Leeds Beckett University in 2017.
In 2022, Stephanie joined the Fin…
