F T Stockbrokers Ltd
What this means for you
Because F T Stockbrokers 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
F T Stockbrokers Ltd (FRN 477850), a firm offering investment advice and unregulated collective investment products, was declared in default by the Financial Services Compensation Scheme on 22 December 2021. The firm's customers who held eligible investments may be entitled to compensation of up to £85,000 per claim under FSCS protection rules. Former clients of F T Stockbrokers Ltd should contact the FSCS to establish their eligibility and submit claims if they incurred losses as a result of the firm's default.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.