FSCS in-default register

Douglas Baillie Ltd & Fast Pensions Ltd

Declared in default19 December 2016FRN 187675

What this means for you

Because Douglas Baillie Ltd & Fast Pensions 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

Douglas Baillie Ltd & Fast Pensions Ltd (FRN 187675) was declared in default by the Financial Services Compensation Scheme on 19 December 2016. The firm provided pension and investment products to customers. Former customers of the firm may be entitled to FSCS compensation of up to £85,000 per claim type for losses resulting from the firm's default.

Products this firm wrote

Pensions, Investments

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.