Broadstone (IFA) Limited
What this means for you
Because Broadstone (IFA) 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
Broadstone (IFA) Limited (FRN 187553), a UK-regulated independent financial adviser, was declared in default by the Financial Services Compensation Scheme on 16 December 2005. The firm's specific product offerings cannot be determined from available records; however, former customers may be eligible for FSCS compensation depending on the type of financial products they held with the firm, subject to applicable limits. This declaration marked the formal recognition of the firm's inability to meet its financial obligations to clients.
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.