Financial Professional Limited
What this means for you
Because Financial Professional 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
Financial Professional Limited, authorised and regulated under FRN 407877, has been declared in default by the Financial Services Compensation Scheme as of 14 July 2015. The firm's product offering records are not specified in available data. Former customers may be entitled to compensation up to the applicable FSCS limits, which vary by product type: £85,000 for deposits, investments, and mortgages, or 90 per cent of claims value without upper limit for insurance products, depending on what services the firm provided.
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.