FSCS in-default register

Private Portfolio Management Ltd

Declared in default31 May 2016FRN 116361

What this means for you

Because Private Portfolio Management 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

Private Portfolio Management Ltd (FRN 116361) has been declared in default by the FSCS as of 31 May 2016. The firm's specific product offerings are not recorded in available data. Eligible customers may be entitled to FSCS compensation, though the scope depends on the nature of products held; standard limits apply at £85,000 for investments, mortgages, and deposits, or 90 per cent of losses without cap for insurance products.

Products this firm wrote

--

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.