FSCS in-default register

The Financial Planning Practice Ltd

Declared in default11 August 2023FRN 223388

What this means for you

Because The Financial Planning Practice 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

The Financial Planning Practice Ltd (FRN 223388) was declared in default by the FSCS on 11 August 2023. The firm provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration. Former customers holding pension-related products may be entitled to FSCS compensation of up to £85,000.

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.