FSCS in-default register

Alexander David Securities Limited

Declared in default30 April 2024FRN 469150

What this means for you

Because Alexander David 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

Alexander David Securities Limited (FRN 469150) has been declared in default by the FSCS as of 30 April 2024. The firm provided pension and investment products to retail customers. Eligible customers may claim compensation of up to £85,000 per product type under the FSCS compensation scheme.

Products this firm wrote

Pensions, Investments

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.