FSCS in-default register

David Craig

Declared in default25 September 2023FRN 503340

What this means for you

Because David Craig 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

David Craig, operating under FRN 503340, was declared in default by the FSCS on 25 September 2023. The firm provided pension advisory services, including pension transfers and self-invested personal pension (SIPP) administration. Eligible customers may claim FSCS compensation of up to £85,000 for losses related to pension advice and administration services.

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.