FSCS in-default register

Michael Beanland

Declared in default30 August 2001FRN 114550

What this means for you

Because Michael Beanland 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

Michael Beanland (FRN 114550) was declared in default by the Financial Services Compensation Scheme on 30 August 2001. The firm's product types are not recorded in available data, preventing specification of the financial services it offered. Former customers may be entitled to FSCS compensation up to £85,000 for eligible claims, subject to the product category under which losses were incurred.

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.