FSCS in-default register

P3 Wealth Management Limited

Declared in default15 August 2013FRN 400498

What this means for you

Because P3 Wealth Management 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

P3 Wealth Management Limited (FRN 400498) was declared in default by the FSCS on 15 August 2013. The firm's regulatory product authorisations are not specified in available records. Eligible customers may claim FSCS compensation subject to the standard limits applicable to their product category: £85,000 for deposits, investments, and mortgages, or 90 per cent of claims for insurance products with no upper limit.

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.