Prismatic Limited
Declared in default27 July 1999FRN 115032
What this means for you
Because Prismatic 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
Prismatic Limited (FRN 115032) has been declared in default by the Financial Services Compensation Scheme as of 27 July 1999. The firm's regulatory product categories are not specified in available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the nature of products held, with standard protection extending to £85,000 for most investment and deposit claims, or 90 per cent of claims value for insurance products.
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.