FSCS in-default register

Michael D Spinak & Partners

Declared in default27 October 2011FRN 126679

What this means for you

Because Michael D Spinak & Partners 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

Michael D Spinak & Partners (FRN 126679) was declared in default by the Financial Services Compensation Scheme on 27 October 2011. The firm's regulated product types were not specified in available records. Former customers of the firm may be eligible for FSCS compensation, though the applicable limits depend on the specific financial products they held at the time of default.

Products this firm wrote

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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.