FSCS in-default register

Proact Financial Limited

Declared in default25 April 2012FRN 230675

What this means for you

Because Proact Financial 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

Proact Financial Limited (FRN: 230675) was declared in default by the FSCS on 25 April 2012. The firm's product types were not specified in available records. Eligible customers may be entitled to FSCS compensation up to the standard limits applicable to their product category, though specific product offerings remain undocumented.

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.