Philip Griffin & Associates
What this means for you
Because Philip Griffin & Associates 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
Philip Griffin & Associates (FRN 139008), a UK-regulated financial services firm specialising in pension advice, pension transfers, and SIPP administration, was declared in default by the Financial Services Compensation Scheme on 16 March 2022. The firm had provided advisory and administrative services related to self-invested personal pensions and pension-transfer arrangements. Eligible customers may claim compensation of up to £85,000 per claim under FSCS protection for investment business.
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.