LLYR Financial management Limited
What this means for you
Because LLYR Financial management 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
LLYR Financial Management Limited (FRN 134455) was declared in default by the FSCS on 19 July 2002. The firm's specific product offerings cannot be determined from available records, limiting clarity on the scope of its regulated activities. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the product category involved, with standard protections covering deposits, investments, and mortgages at £85,000 each, and insurance claims at 90% of loss with no upper limit.
Products this firm wrote
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.