FSCS in-default register

FSC Investment Services Ltd

Declared in default8 December 2022FRN 441650

What this means for you

Because FSC Investment Services 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

FSC Investment Services Ltd, trading as Ashwood Wealth Management Ltd (FRN 441650), provided investment advice and unregulated collective investment products to customers. The Financial Services Compensation Scheme declared the firm in default on 8 December 2022. Former customers holding investments through the firm may be entitled to compensation of up to £85,000 per eligible investment claim under FSCS protection rules.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.