FSCS in-default register

SVS Securities plc

Declared in default5 August 2019FRN 220929

What this means for you

Because SVS Securities plc 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

SVS Securities plc (FRN 220929) has been declared in default by the FSCS as of 5 August 2019. The firm provided investment advice and dealt in unregulated collective investments. Former customers holding eligible investments may claim FSCS compensation up to the limit of £85,000 per claim.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.