FSCS in-default register

Baronworth (Investment Services) Ltd

Declared in default7 September 2020FRN 115284

What this means for you

Because Baronworth (Investment Services) Ltd 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

Baronworth (Investment Services) Ltd, a UK-regulated financial-services firm (FRN 115284) that provided pensions, insurance, and investment services, was declared in default by the Financial Services Compensation Scheme on 7 September 2020. Eligible customers may claim compensation of up to £85,000 for investment losses and £85,000 for pension-related claims, while insurance claimants are entitled to 90% of their claim with no upper limit. The firm had no registered trading names.

Products this firm wrote

Pensions, Insurance, 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.