FSCS in-default register

Doshi Financial Services Limited (formerly Merchants Financial Consultants Limited)

Declared in default27 June 2008FRN 141846

What this means for you

Because Doshi Financial Services Limited (formerly Merchants Financial Consultants Limited) 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

Doshi Financial Services Limited, formerly known as Merchants Financial Consultants Limited (FRN 141846), was declared in default by the Financial Services Compensation Scheme on 27 June 2008. The firm's specific product offerings are not recorded in available documentation. Eligible customers may be entitled to FSCS compensation, subject to the scheme's standard limits depending on the type of 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.