FSCS in-default register

Penn Financial Services Unlimited

Declared in default19 March 2010FRN 447431

What this means for you

Because Penn Financial Services Unlimited 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

Penn Financial Services Unlimited (FRN 447431) was declared in default by the Financial Services Compensation Scheme on 19 March 2010. The firm's product types are not specified in available records, limiting clarity on the scope of services it offered. Former customers may be eligible for FSCS compensation, though entitlements depend on the specific products held and applicable compensation limits.

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.