Ulverston Financial Services Ltd
What this means for you
Because Ulverston Financial Services 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
Ulverston Financial Services Ltd, FRN 121616, was declared in default by the Financial Services Compensation Scheme on 11 March 2019. The firm's product offerings cannot be determined from available records, limiting clarity on the scope of its regulated activities. Former customers may be entitled to FSCS compensation, though the specific limits depend on the types of financial products involved, ranging from £85,000 for deposits, investments, and mortgages to 90% of claims for insurance products.
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.