FSCS in-default register

Sierra (Life & Pensions) Limited

Declared in default7 December 2007FRN 136396

What this means for you

Because Sierra (Life & Pensions) 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

Sierra (Life & Pensions) Limited, FRN 136396, was declared in default by the Financial Services Compensation Scheme on 7 December 2007. The firm provided life and pensions products to UK consumers. Former customers may be entitled to FSCS compensation up to £85,000 for qualifying claims relating to these products.

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.