FSCS in-default register

SDSC Ltd

Declared in default3 March 2022FRN 496209

What this means for you

Because SDSC 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

SDSC Ltd, operating under the trading name SJL Wealth Management Ltd (FRN 496209), was declared in default by the Financial Services Compensation Scheme on 3 March 2022. The firm's specific product offerings cannot be determined from available records due to incomplete product classification data. Former customers may be eligible for FSCS compensation, though the applicable limit depends on the financial products they held with the firm.

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.