FSCS in-default register

PTC Financial Advice (Scotland) Ltd

Declared in default20 October 2025FRN 816036

What this means for you

Because PTC Financial Advice (Scotland) Ltd 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

PTC Financial Advice (Scotland) Ltd, authorised under FRN 816036, provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to UK customers. The Financial Services Compensation Scheme (FSCS) declared the firm in default on 20 October 2025. Customers with eligible pension-related claims may be entitled to compensation of up to £85,000 under the FSCS investment limit.

Products this firm wrote

Pension advicePension transferSIPP administration

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.