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FSCS declares eight firms in default in May

Consumers could get back money they have lost as a result of their dealings with any of the eight failed regulated firms (listed below) Financial Services Compensation Scheme (FSCS) declared in default in May 2019.

FSCS is the UK's statutory compensation scheme that protects customers of authorised financial services firms that carry out certain regulated activities. A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation with FSCS.

Alex Kuczynski, Chief Corporate Affairs Officer at FSCS, said:

“FSCS steps in to protect consumers around the UK when authorised financial services firms go bust. This vital service, which is free to consumers, protects deposits, insurance, investments, home finance and debt management. We want anyone who believes they may be owed money as a result of their dealings with any of these firms to get in touch as we may be able to help you.” 

Since it began in 2001, FSCS has helped more than 4.5m people, paying out more than £26bn in compensation.

If you wish to make a claim with FSCS against any of these firms, you may be able to do so using FSCS’s online claims service at https://claims.fscs.org.uk/. Or you can contact the Scheme’s Customer Services Team on 0800 678 1100 or 020 7741 4100, or by email at enquiries@fscs.org.uk

Declarations by FSCS in May 2019

East Midlands

Philip Stephen Ogden t/a Phil Ogden Financial Planning, 105 Roundhill Road, Kettering, Northants NN15 6BG.

North West

GGC Independent Financial Advice LLP, The Delves, Heversham, Milnthorpe, Cumbria LA7 7EE.

The O'Rourke Partnership Limited, 55 Bentham Drive, Liverpool, Merseyside L16 1JE.

Scotland

Premier Wealth Managers Limited, Titanium 1, King's Inch Place, Renfrew PA4 8WF.

South East

Concept Automotive Services Limited, t/a Carland/Agreed Car Finance/Now Car Finance, Staines Road, Chertsey, Surrey KT16 9DA.

Larksway Investments Limited t/a City Professionals/Larksway Insurance/Crossbrook, Beaver House, 23-38 Hythe Bridge Street, Oxford OX1 2EP.

South West

Jason Jones Autocentre Limited, Shuthonger, Tewkesbury, Gloucestershire, GL20 6EH.

Wealth Rapport Limited formerly Moores Waren Limited, Ashcom Park, Clyst St George, Exeter EX3 0NR.

 

Channel website: https://www.fscs.org.uk/

Original article link: https://www.fscs.org.uk/about-fscs/media-centre/press-releases/2019/june/after-fscs-declares-eight-firms-in-default/

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