FSCS in-default register

DK Consulting Ltd

Declared in default25 March 2021FRN 573597

What this means for you

Because DK Consulting 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

DK Consulting Ltd, which traded as Plan65 Ltd and Davidson Rae Financial Management (FRN: 573597), provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to customers. The Financial Services Compensation Scheme declared the firm in default on 25 March 2021. Former customers may be entitled to compensation of up to £85,000 for investment-related losses under the FSCS compensation limits.

Products this firm wrote

Pension advicePension transferSIPP administration

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.