Private Financial Planning Services Limited
What this means for you
Because Private Financial Planning Services 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
Private Financial Planning Services Limited (FRN 220822) was declared in default by the Financial Services Compensation Scheme on 26 September 2012. The firm's product types are not specified in available records, limiting clarity on the scope of its financial services operations. Former customers may be entitled to compensation under FSCS protection, though the specific limits would depend on the types of products involved—typically up to £85,000 for deposits, mortgages, or investments, or 90% of claims for insurance.
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.