FSCS in-default register

Blacks Financial Ltd

Declared in default21 November 2016FRN 542629

What this means for you

Because Blacks Financial Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Blacks Financial Ltd (FRN 542629) has been declared in default by the Financial Services Compensation Scheme as of 21 November 2016. The firm's specific product categories were not recorded in available data. Eligible customers may claim FSCS compensation, though the applicable limits depend on the financial products they held with the firm at the time of default.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.