Millennium Financial Planning Limited
What this means for you
Because Millennium Financial Planning 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
Millennium Financial Planning Limited (FRN 186046) was declared in default by the Financial Services Compensation Scheme on 3 January 2008. The firm's product types were not specified in available records, limiting clarity on the exact scope of services offered. Eligible customers may be entitled to FSCS compensation, subject to the scheme's standard limits of £85,000 for deposits and investments, or 90 per cent of claims for insurance products, depending on the nature of their holdings with the firm.
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.