FSCS in-default register

My IFA Friend Ltd

Declared in default19 December 2016FRN 543415

What this means for you

Because My IFA Friend 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

My IFA Friend Ltd (FRN 543415), a UK-regulated financial-services firm, was declared in default by the Financial Services Compensation Scheme on 19 December 2016. The firm's product offerings cannot be specified from available data. Eligible customers may claim compensation under FSCS protection rules, subject to applicable category limits.

Products this firm wrote

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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.