FSCS in-default register

Thorn Financial Management Limited

Declared in default20 November 2012FRN 223001

What this means for you

Because Thorn Financial Management 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

Thorn Financial Management Limited (FRN 223001) was declared in default by the Financial Services Compensation Scheme on 20 November 2012. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation up to the standard limits applicable to their product category, though the absence of recorded product data prevents specification of precise entitlements.

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.