FSCS in-default register

A Luckhurst & N Shaw, trading as BBT Financial Services

Declared in default2 September 2020FRN 147352

What this means for you

Because A Luckhurst & N Shaw, trading as BBT Financial Services 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

A Luckhurst & N Shaw, trading as BBT Financial Services (FRN 147352), was declared in default by the Financial Services Compensation Scheme on 2 September 2020. The firm provided investment advice and managed unregulated collective investment products for its clients. Former customers may be entitled to compensation of up to £85,000 per eligible claim under FSCS protection rules for investment business.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.