WIREDGOV

FSCS has confirmed that the five firms below were declared in default in the last two months – which means they have gone out of business and are unable to meet any claims themselves.

Customers who may be owed money by these firms can see details about how to make a claim by visiting the FSCS website at www.fscs.org.uk/making-a-claim.

If a regulated financial firm is no longer trading and cannot pay a customer’s claim, FSCS can step in to pay compensation if certain requirements are met.

We’re independent and our service is free to customers. Our protection covers money held in bank, building society and credit union accounts. FSCS also protects pensions, financial advice, insurance, investments, mortgage advice and arranging, debt management and funeral plans.

Fiona Kidy, Chief Financial and People Officer at FSCS said: “FSCS is here to protect consumers across the UK and to contribute to financial stability. We’re letting consumers know that compensation may be available if they’ve lost money because a financial services firm they dealt with has failed. Customers who claim directly with us keep 100% of any compensation.”

Visit www.fscs.org.uk if you wish to make a claim with FSCS against any of these firms. You can also contact our Customer Services Team on Freephone 0800 678 1100 or +44 20 7741 4100, or by email at enquiries@fscs.org.uk.

For the latest FSCS news and information visit www.fscs.org.uk or follow @FSCS on X (Twitter).

Click here for the full press release