FSCS in-default register

Daniel Stewart & Company plc

Declared in default15 August 2022FRN 145026

What this means for you

Because Daniel Stewart & Company plc 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

Daniel Stewart & Company plc, which traded as Oval Ltd and Daniel Stewart & Company Ltd (FRN 145026), provided pension advice, pension transfer services, and SIPP administration to its clients. The Financial Services Compensation Scheme declared the firm in default on 15 August 2022. Former customers may be entitled to FSCS compensation of up to £85,000 in relation to their pension-related investments held with the firm.

Products this firm wrote

Pension advicePension transferSIPP administration

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.