FSCS in-default register

Prior And Associates Limited

Declared in default2 June 1998FRN 147531

What this means for you

Because Prior And Associates 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

Prior And Associates Limited (FRN 147531) was declared in default by the Financial Services Compensation Scheme on 2 June 1998. The firm's product types were not recorded in available data, preventing specification of the services it provided to customers. Eligible claimants may be entitled to FSCS compensation of up to £85,000 for investments or deposits, or 90% 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.