Independent Financial Advice (UK) Limited (In Liquidation)
What this means for you
Because Independent Financial Advice (UK) Limited (In Liquidation) 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
Independent Financial Advice (UK) Limited (FRN 158902), which operated without any recorded trading names, was declared in default by the Financial Services Compensation Scheme on 3 August 1998. The firm's specific product offerings are not documented in available records. Former customers may be entitled to FSCS compensation depending on the nature of products they held, subject to standard limits of £85,000 for deposits, investments, or mortgages, or 90 per cent of losses for insurance products with no upper limit.
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.