Article by: Danielle Lightfoot
The Financial Services Compensation Scheme (FSCS) are responsible for financial companies that have failed and who are unable to pay the compensation due to their customers. When a company is declared in default the FSCS will step in and pay any compensation due.
In the last six months, the following companies have been declared in default by the FSCS:
- Gann Management Limited,
- HBFS Financial Services Limited,
- Plymouth Caravan Centre Limited,
- Seren Independent Advisers Limited,
- Turnpike Motors Limited Formerly Motor Range Limited,
- Well Alley Limited formerly Blue Finance Ltd/CV Revolution Ltd/Speed 8196 Ltd,
- Standish Mortgage Services Limited t/a Standish Mortgage Services,
- Castle Financial Services (UK) Limited,
- Mortgage Match Limited,
- Cygnus Investment Management Ltd,
- Soussan, Esq.
- Foreman Financial Services Ltd,
- Independent Mortgage Advice Bureau (Stevenage) Ltd,
- The Financial Factory Ltd,
- Cain Lambert Limited formerly known PAR Capital Mortgages Limited,
- MML Administration Limited,
- Chadkirk Wealth Management Limited
- Clearcredit Limited t/a Clearcredit,
- The Man for Mortgages Limited
- Abbot Insurance Brokers t/a Abbot Insurance,
- Ignition Select Limited,
- Talk Financial Solutions Limited,
- The Mortgage Consultants Limited,
- Accuro Finance Limited,
- Vans R Us (Southern) Limited T/A Complete Commercial,
- Ashfield Financial Planning (UK) Limited,
- Box Insurance Services and Newton General Insurance Services,
- Care Asset Management Limited,
- R W Harris Limited t/a Roger Harris and Company/Greystone Wealth Management
WHAT TO DO NEXT
If you have an investment with any of the companies listed above, then we would urge you to contact our specialist Financial Litigation Team on 0113 200 9720, or contact us online here and we can advise you of whether you have a claim.
