FSCS in-default register

Wakefield Securities (Insurance Consultants) Limited

Declared in default29 August 2001FRN 136945

What this means for you

Because Wakefield Securities (Insurance Consultants) 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

Wakefield Securities (Insurance Consultants) Limited (FRN: 136945) was declared in default by the Financial Services Compensation Scheme on 29 August 2001. The firm provided insurance consultancy services to customers. Former customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit, subject to eligibility criteria.

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.