FSCS in-default register

Simply Trading Group Limited

Declared in default10 August 2011FRN 486925

What this means for you

Because Simply Trading Group 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

Simply Trading Group Limited (FRN 486925) has been declared in default by the FSCS as of 10 August 2011. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation, though specific entitlements cannot be determined without clarity on which financial products were offered by the firm.

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.