BBB Network Limited

28th November 2008

BBB Network Limited formerly Berkeley Independent Advisers Limited and Berkeley Financial Planning Limited (BIA)

The Financial Services Compensation Scheme (FSCS) has declared Berkeley Independent Advisers Ltd in default, which means that FSCS is satisfied the firm is unable to pay claims against it. A declaration of default opens the way for consumers to claim compensation from FSCS.

What to do if you have a claim:

If you want to claim against Berkeley Independent Advisers Ltd , write to us giving the following details:

  • The full name and address of the firm.

  • When and how much you invested.

  • What type of investment you made.

  • Why you believe you have a claim.

How long will claims take to process?

Please be assured that FSCS is dealing with all claims as quickly as it can. Once a firm has been declared in default we generally aim to complete claims within six months of receiving a completed application form.

Any questions?

If you have any queries about your claim please contact us. However, if you have already lodged your claim, we would ask you to please be patient. We will be in touch as soon as we can.

Jargon Buster

  • In default

    A firm unable, or likely to be unable to pay claims against it. This will generally be because it has stopped trading and has insufficient assets to meet claims, or is in insolvency.
  • Investment

    a financial product in which money can be invested to earn interest or profit (although the value of investments can go down as well as up).