Asset Independent Financial Advisors Ltd, trading as Asset IFA, Asset Independent Mortgages, Home Estate
What this means for you
Because Asset Independent Financial Advisors Ltd, trading as Asset IFA, Asset Independent Mortgages, Home Estate 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
Asset Independent Financial Advisors Ltd, trading as Asset IFA, Asset Independent Mortgages, and Home Estate (FRN 139062), provided pension and investment advisory services to UK customers. The firm was declared in default by the Financial Services Compensation Scheme on 11 February 2020. Eligible customers may claim compensation of up to £85,000 per product type for pension and investment claims, subject to FSCS eligibility criteria.
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.