FSCS in-default register

J.S. Financial Advice Service Ltd

Declared in default2 September 2021FRN 401098

What this means for you

Because J.S. Financial Advice Service Ltd 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

J.S. Financial Advice Service Ltd (FRN 401098) was declared in default by the Financial Services Compensation Scheme on 2 September 2021. The firm provided pension-related financial services, including pension advice, pension transfers, and self-invested personal pension (SIPP) administration. Customers may be entitled to FSCS compensation of up to £85,000 for losses arising from the firm's regulated activities.

Products this firm wrote

Pension advicePension transferSIPP administration

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.