FSCS in-default register

Ascension Securities Limited

Declared in default13 January 2010FRN 401377

What this means for you

Because Ascension Securities 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

Ascension Securities Limited (FRN 401377) was declared in default by the Financial Services Compensation Scheme on 13 January 2010. The firm's regulatory record does not specify which financial products it offered. Eligible customers may be entitled to FSCS compensation up to the applicable limits for their product category, though the absence of product classification in available records limits further specification of potential claim entitlements.

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.