FSCS in-default register

Blackstone Independent Financial Advisers Limited

Declared in default23 September 2019FRN 413312

What this means for you

Because Blackstone Independent Financial Advisers 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

Blackstone Independent Financial Advisers Limited (FRN 413312) was declared in default by the Financial Services Compensation Scheme on 23 September 2019. The firm operated as an independent financial adviser, though specific product categories are not detailed in available records. Eligible customers may be entitled to FSCS compensation of up to £85,000 for investment business, subject to scheme rules and individual circumstances.

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.