FSCS in-default register

Bright Financial Associates Ltd

Declared in default16 June 2017FRN 600530

What this means for you

Because Bright Financial Associates 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

Bright Financial Associates Ltd (FRN 600530) was declared in default by the Financial Services Compensation Scheme on 16 June 2017. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to compensation under FSCS protection limits, though the applicable cap 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.