FSCS in-default register

Dormant 2017 Ltd

Declared in default17 January 2018FRN 184859

What this means for you

Because Dormant 2017 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

Dormant 2017 Ltd, trading as Spectrum Financial Services Ltd (FRN 184859), was declared in default by the Financial Services Compensation Scheme on 17 January 2018. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation up to the relevant limits depending on the type of financial products they held with the firm.

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.