Cardwell & Drew (Financial Services) Limited (formerly Professional Services (Care Home Support) Ltd
What this means for you
Because Cardwell & Drew (Financial Services) Limited (formerly Professional Services (Care Home Support) 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
Cardwell & Drew (Financial Services) Limited, formerly known as Professional Services (Care Home Support) Ltd (FRN 161788), was declared in default by the Financial Services Compensation Scheme on 7 January 2002. The firm's product portfolio could not be determined from available records. Eligible customers may be entitled to compensation under FSCS protection limits, though the specific amount depends on the type of financial product held at the time of the firm's default.
Products this firm wrote
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.