FSCS in-default register

Weston Ovey (Life & Pensions)

Declared in default20 October 2000FRN 125868

What this means for you

Because Weston Ovey (Life & Pensions) 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

Weston Ovey (Life & Pensions), FRN 125868, was declared in default by the FSCS on 20 October 2000. The firm's specific product types are not recorded in available data, limiting clarity on its exact service offerings within the life and pensions sector. Former customers may be eligible for FSCS compensation, though the applicable limit depends on the product category involved—typically £85,000 for most investment and mortgage claims, or 90% of losses for insurance-related claims without a monetary cap.

Products this firm wrote

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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.