FSCS in-default register

Professional Advisers Investment Services Limited

Declared in default4 January 2001FRN 114788

What this means for you

Because Professional Advisers Investment Services Limited 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

Professional Advisers Investment Services Limited (FRN 114788) was declared in default by the Financial Services Compensation Scheme on 4 January 2001. The firm's product types are not specified in available records. Eligible customers may claim compensation under FSCS protection limits applicable to the financial products they held with the firm.

Products this firm wrote

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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.