FSCS in-default register

Hyrifa Ltd, trading as Save My Pension

Declared in default14 January 2020FRN 448091

What this means for you

Because Hyrifa Ltd, trading as Save My Pension 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

Hyrifa Ltd, trading as Save My Pension and Trueway Finance Ltd (FRN 448091), was declared in default by the Financial Services Compensation Scheme on 14 January 2020. The firm provided investment advice and unregulated collective investment products to its customers. Former customers of the firm may be eligible for FSCS compensation of up to £85,000 in relation to investment products, subject to the scheme's standard eligibility criteria.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.