FSCS in-default register

Financial & Investment Advisory Services Limited t/a Various names (see notes)

Declared in default3 January 2007FRN 146585

What this means for you

Because Financial & Investment Advisory Services Limited t/a Various names (see notes) 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

Financial & Investment Advisory Services Limited (FRN 146585) was declared in default by the Financial Services Compensation Scheme on 3 January 2007. The firm operated under various trading names and provided financial advisory services to UK consumers. Former customers may be entitled to FSCS compensation, though the specific limits depend on the nature of products held at the time of the firm's default.

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.