FSCS declares 11 firms in default in June

Consumers could get back money they've lost as a result of their dealings with any of the 11 failed regulated firms (listed below) the Financial Services Compensation Scheme (FSCS) declared in default in June 2019.

FSCS is the UK's statutory compensation scheme that protects customers of authorised financial services firms that carry out certain regulated activities. A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation with FSCS.

Alex Kuczynski, Chief Corporate Affairs Officer at FSCS, said: “FSCS steps in to protect consumers around the UK when authorised financial services firms go bust. This vital service, which is free to consumers, protects deposits, insurance, investments, home finance and debt management. We want anyone who believes they may be owed money as a result of their dealings with any of these firms to get in touch as we may be able to help you.” 

Since it began in 2001, FSCS has helped more than 4.5m people, paying out more than £26bn in compensation.

If you wish to make a claim with FSCS against any of these firms, you may be able to do so using FSCS’s online claims service. Or you can contact the Scheme’s Customer Services Team on 0800 678 1100 or 020 7741 4100, or by email at enquiries@fscs.org.uk

 

Declarations by FSCS in June 2019


East Midlands
John B Carr Financial Services, 22, The Green, Nettleham, Lincs LN2 2NR.
The Carnation Limited, 80 Hinckley Road, Leicester LE3 0RD.

 

Greater London
Barchester Green Limited, Gladstone House, 77-79 High Street, Twickenham TW20 9HY.
Kevin Neal Associates Wealth Management LLP, 34 Clarendon Road, Watford WD17 1JJ.

 

North West
DFD Mortgages Limited, Eversheds House, 70 Great Bridgewater Street, Manchester M1 5ES.

 

Scotland
The Wealth Partnership Limited, 153 Queen Street, KLM, 1st Floor, Glasgow G1 3BJ.

 

South East
Bradford Peters Financial Services Limited, 1 Oak Court, Betts Way, Crawley RH10 9GG.
KWS Wealth Management Limited, 500 Avebury Boulevard, Milton Keynes, Buckinghamshire MK9 2BE.

 

South West
Castle Asset Management, formerly Lighthouse (South West), Sydenham House, High Street, Gillingham, Dorset SP8 4AG.

 

West Midlands
K.G.J. Garages Limited, 63 Gospel Oak Road, Tipton, DY4 0DR.

 

Wales
Hayden Williams Independent Financial Services Limited formerly Assura Protect, Room 1, 7 Meadows Bridge, Parc Menter, Cross Hands, Llanelli, Carmarthenshire, Wales SA14 6RA.

 

Media enquiries

Catherine Goodier - T: 020 7375 8631

E: publicrelations@fscs.org.uk

 

Notes for editors

Read more about the remit of FSCS on our Notes for editors page.