FSCS has confirmed that the 12 firms below have gone out of business

10 Feb 2022 06:09 PM

Regular notice that consumers could be in line for compensation  

FSCS has confirmed that the 12 firms below are in default – which means they have gone out of business and FSCS believes they are unable to meet any claims themselves. This means that any customers who are owed money by them can see how they’re protected by visiting our What we cover page.

If a regulated financial firm is no longer trading and can't pay a customer’s claim, FSCS can step in to pay compensation. 

We’re independent and our service is free to customers. Our protection covers money held in bank, building society and credit union accounts, and also protects insurance, investments, mortgage advice and arranging, and debt management. Customers keep all the compensation they’re owed when they claim directly through us. 

Sarah Marin, FSCS’s Chief Customer Officer, yesterday said 

“FSCS’s protection increases consumer confidence when buying financial products and services, and our compensation helps put customers back on track if firms should fail. We encourage customers to claim directly with FSCS via our website, which provides the easy-to-use service they expect. Help is on hand throughout the process, with claims experts available through web chat or over the phone.” 

Visit our claims site if you wish to make a claim with FSCS against any of these firms. You can also contact our Customer Services Team on 0800 678 1100 or 020 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 Twitter. 

Declarations by FSCS from 1 December 2021 to 31 January 2022 (12 firms): 

Media enquiries:   
Email: publicrelations@fscs.org.uk  

Notes for editors 
See our Notes for editors page.