Money Box Independent Financial Services Limited
What this means for you
Because Money Box Independent Financial Services 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
Money Box Independent Financial Services Limited (FRN 153869) was declared in default by the Financial Services Compensation Scheme on 23 February 2005. The firm's product offerings cannot be determined from available data, limiting clarity on the specific financial services it provided to customers. Former customers of the firm may be eligible for FSCS compensation, though entitlement amounts depend on the product type involved, with standard limits of £85,000 for investments, mortgages, and deposits, or 90% of losses with no upper limit for insurance claims.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.