Professionals Life & Pensions Limited
Declared in default14 September 2006FRN 120903
What this means for you
Because Professionals Life & Pensions 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
Professionals Life & Pensions Limited (FRN 120903) was declared in default by the Financial Services Compensation Scheme on 14 September 2006. The firm's specific product offerings cannot be determined from available data. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the types of products held at the time of the firm's failure.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.