FSCS in-default register

Richard Hallett T/A Austin Financial Management Services

Declared in default17 September 1997FRN 126301

What this means for you

Because Richard Hallett T/A Austin Financial Management 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

Richard Hallett, trading as Austin Financial Management Services (FRN 126301), a UK regulated financial-services firm, was declared in default by the Financial Services Compensation Scheme on 17 September 1997. The firm's product offerings cannot be specified from available records. Former customers may be entitled to FSCS compensation of up to £85,000 for eligible claims, depending on the type of financial product involved.

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.