FSCS in-default register

Added Value Financial Services

Declared in default27 March 2017FRN 232574

What this means for you

Because Added Value Financial Services has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Added Value Financial Services (FRN 232574) was declared in default by the Financial Services Compensation Scheme on 27 March 2017. The firm's product types are not specified in available records, limiting clarity on the exact scope of services offered. Eligible customers may be entitled to FSCS compensation, though the applicable limit depends on the product category involved in their claim.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.