Precise Advice Partnership LLP
Declared in default11 December 2016FRN 531998
What this means for you
Because Precise Advice Partnership LLP 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
Precise Advice Partnership LLP (FRN 531998) was declared in default by the FSCS on 11 December 2016. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits depending on the nature of financial services provided, though specific product categorisation would determine the precise compensation ceiling.
Products this firm wrote
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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.