G Piggott (deceased) t/a Redbank Financial Services
What this means for you
Because G Piggott (deceased) t/a Redbank Financial Services 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
G Piggott (deceased), trading as Redbank Financial Services (FRN 199021), was declared in default by the Financial Services Compensation Scheme on 28 February 2012. The firm's product types are not specified in available records, limiting clarity on the scope of financial services it provided. Former customers of the firm may be entitled to FSCS compensation, though the applicable limits depend on the specific products involved, ranging from £85,000 for most investment and lending products to 90 per cent of claims for insurance-related matters.
Products this firm wrote
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.