TFP (Life & Pensions) Ltd, trading as Medical & Professional
What this means for you
Because TFP (Life & Pensions) Ltd, trading as Medical & Professional 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
TFP (Life & Pensions) Ltd, which operated under the trading name Medical & Professional and held Financial Conduct Authority registration number 229766, provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration. The firm was declared in default by the Financial Services Compensation Scheme on 28 July 2021. Eligible customers may claim compensation up to £85,000 in relation to pension-related products and services.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.