J E Oakley & Son (Midlands) Limited
What this means for you
Because J E Oakley & Son (Midlands) Limited 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
J E Oakley & Son (Midlands) Limited, regulated under FRN 116395, was declared in default by the FSCS on 16 April 2007. The firm's product types are not specified in available records, preventing confirmation of the specific financial services it provided. Former customers may be entitled to FSCS compensation depending on the products held, subject to standard limits of £85,000 for deposits, investments, and mortgages, or 90% of losses without limit for insurance products.
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.