FSCS in-default register

Agincourt Financial Ltd, trading as Alecto Financial Ltd

Declared in default4 September 2020FRN 197236

What this means for you

Because Agincourt Financial Ltd, trading as Alecto Financial Ltd 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

Agincourt Financial Ltd, which traded as Alecto Financial Ltd (FRN 197236), provided pensions, insurance, and investment products to UK consumers. The firm was declared in default by the Financial Services Compensation Scheme on 4 September 2020. Eligible customers may claim up to £85,000 for investments and pensions, and up to 90% of their insurance claims with no upper limit.

Products this firm wrote

Pensions, Insurance, Investments

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.