FSCS in-default register

ABC Financial Consultants

Declared in default19 May 1999FRN 136196

What this means for you

Because ABC Financial Consultants 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

ABC Financial Consultants (FRN 136196) was declared in default by the FSCS on 19 May 1999. The firm's product offerings cannot be specified from available data. Former customers may be eligible for FSCS compensation, though the applicable limits depend on the types of products held; compensation typically ranges from £85,000 for investments, mortgages, and deposits to 90 per cent of losses for insurance products without an upper limit.

Products this firm wrote

--

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.