Richfield Financial services Limited
What this means for you
Because Richfield Financial services 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
Richfield Financial Services Limited (FRN 180460) was declared in default by the Financial Services Compensation Scheme on 11 September 2006. The firm's product offerings cannot be determined from available records, preventing specification of the compensation limits applicable to former customers. Eligible claimants may be entitled to compensation of up to £85,000 for eligible investment, mortgage, or deposit claims, or up to 90 per cent of losses for insurance-related claims, depending on the products held.
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.