FSCS in-default register

MacFarlaine & Brooks IFA Ltd

Declared in default28 June 2023FRN 612753

What this means for you

Because MacFarlaine & Brooks IFA 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

MacFarlaine & Brooks IFA Ltd (FRN 612753) was declared in default by the FSCS on 28 June 2023. The firm provided pension and investment advisory services to retail customers. Eligible customers with claims arising from pension or investment products may be entitled to compensation of up to £85,000 per claim under the FSCS compensation scheme.

Products this firm wrote

Pensions, Investments

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.