09 Feb 13 firms have been declared in default by FSCS in December and January
FSCS has confirmed that the 13 firms below are in default – which means they have gone out of business and FSCS believes they are unable to meet any claims themselves. This means that any customers who are owed money by them can see how they’re protected by visiting FSCS here – https://www.fscs.org.uk/what-we-cover/.
If a regulated financial firm is no longer trading and can’t pay a customer’s claim, FSCS can step in to pay compensation.
We’re independent and our service is free to customers. Our protection covers money held in bank, building society and credit union accounts, and FSCS also protects insurance, investments, mortgage advice and arranging, debt management and funeral plans. Customers keep all the compensation they’re owed when they claim directly through us.
Fiona Kidy, FSCS’s Chief Financial Officer said:
“Customers of financial firms that have failed or are no longer trading can make a claim to us and we’ll do all we can to compensate them. Our service is free, and customers keep all the compensation they’re due if they claim directly with us. So far this financial year FSCS has handled over 90,000 claims.”
Visit https://claims.fscs.org.uk/ if you wish to make a claim with FSCS against any of these firms. You can also contact our Customer Services Team on 0800 678 1100 or 020 7741 4100, or by email at enquiries@fscs.org.uk.
