Sterling Financial Consultants Limited
What this means for you
Because Sterling Financial Consultants 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
Sterling Financial Consultants Limited (FRN 126166) was declared in default by the Financial Services Compensation Scheme on 21 December 2001. The firm's specific product lines cannot be determined from available data. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the types of products held; typically, deposits and mortgages are covered up to £85,000, investments up to £85,000, and insurance claims at 90% with no upper limit.
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.