Saffron Brokers (Life & Pensions) Limited
Declared in default4 October 2001FRN 136894
What this means for you
Because Saffron Brokers (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
Saffron Brokers (Life & Pensions) Limited, FRN 136894, was declared in default by the Financial Services Compensation Scheme on 4 October 2001. The firm offered life and pensions products to customers. Former customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit for eligible insurance-related products.
Products this firm wrote
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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.