FSCS has confirmed that the 17 firms below have gone out of business, and it is accepting claims against them

21 Apr 2023 12:24 PM

Regular notice that consumers could be in line for compensation 

FSCS has confirmed that the 17 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 can see how they’re protected by visiting FSCS here – https://www.fscs.org.uk/what-we-cover/.

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, pensions, financial advice, debt management plans and pre-paid funeral plans. Customers keep all the compensation they’re owed when they claim directly through us.

Lila Pleban, FSCS’s Chief Communications Officer, said:

“We know it’s stressful when a financial firm stops trading but owes you money. That’s why we have specially trained claims handlers here to help you through the process. We’ll also keep you up to date with our progress every step of the way. In the last 12 months we’ve helped almost 68,000 people receive the compensation they’re due.”

Visit https://claims.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 0800 678 1100 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 February to 31 March 2023 (17 firms):

Media enquiries
Email: publicrelations@fscs.org.uk