FSCS in-default register

J Weston t/a Weston Financial Services

Declared in default28 June 2010FRN 125525

What this means for you

Because J Weston t/a Weston Financial Services 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 Weston, trading as Weston Financial Services (FRN 125525), was declared in default by the Financial Services Compensation Scheme on 28 June 2010. The firm's product portfolio could not be definitively established from available records. Eligible customers may be entitled to compensation up to the standard FSCS limits of £85,000 for deposits, investments, or mortgages, or 90 per cent of losses without limit for insurance products, depending on the nature of their claim.

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.