Knott Financial Services Limited (previously Chris Knott Financial Services Limited)
What this means for you
Because Knott Financial Services Limited (previously Chris Knott Financial Services Limited) 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
Knott Financial Services Limited, previously trading as Chris Knott Financial Services Limited (FRN 138824), was declared in default by the Financial Services Compensation Scheme on 7 December 2007. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation of up to £85,000 for deposits or investments, or 90% of losses for insurance products, depending on the nature of their claims.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.