FSCS in-default register

WP Investment Services Limited

Declared in default3 February 2015FRN 210931

What this means for you

Because WP Investment 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

WP Investment Services Limited (FRN 210931) was declared in default by the FSCS on 3 February 2015. The firm's product types are not specified in available records. Former customers may be eligible for FSCS compensation, though the specific limits depend on the financial products involved; compensation typically covers investments and deposits up to £85,000 each, or insurance claims up to 90% of the loss with no upper limit.

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.