FSCS in-default register

Wilmot Financial Solutions Limited t/a WFS

Declared in default9 August 2010FRN 401311

What this means for you

Because Wilmot Financial Solutions Limited t/a WFS 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

Wilmot Financial Solutions Limited, trading as WFS (FRN 401311), was declared in default by the Financial Services Compensation Scheme on 9 August 2010. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to compensation up to the standard FSCS limits depending on the nature of products they held with the firm 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.