Picture Financial Services plc

Failed 08 July 2009

FRN: 311825

You might be eligible for compensation

Picture Financial Services plc is no longer trading and went out of business on 8 July 2009.

We have determined that Picture Financial Services is unable, or very likely to be unable, to pay compensation claims against it relating to the selling of payment protection insurance (PPI) on or after 14 January 2005.

We have declared Picture Financial Services as a failed firm. The technical description for this is a 'company in default'.

You could be eligible to claim PPI compensation from Picture Financial Services through FSCS – it’s completely free to claim with us.

See our PPI compensation limits and their conditions on our PPI page.


Picture Financial Services PPI claims

We provide compensation for customers when financial firms fail, meaning the PPI deadline of 29 August 2019 doesn’t apply to us. So, if you bought a PPI policy and the information you were given was misleading or insufficient, and the firm that gave you the advice has since failed, you may be eligible to claim compensation. We can help you claim, but only if the advice was received on or after 14 January 2005.

You could be eligible to claim PPI compensation through FSCS if you were a Picture Financial Services customer and think you were mis-sold a PPI policy, or that Picture Financial Services earned commission from the sale of PPI but didn’t tell you the level of commission at the time you bought it. It’s completely free to claim with FSCS and you can do it all online.

Click the ‘Check if you can claim’ button to start the process.


Contact us by phone on the number below, or via the contact form on the Contact us page.