FSCS in-default register

Paxtons Insurances

Declared in default13 July 2021FRN 140179

What this means for you

Because Paxtons Insurances 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

Paxtons Insurances (FRN 140179) has been declared in default by the Financial Services Compensation Scheme as of 13 July 2021. The firm provided pension-related financial services, including pension advice, pension transfer services, and SIPP (Self-Invested Personal Pension) administration. Eligible customers may claim compensation of up to £85,000 for investment-related losses under FSCS protection rules.

Products this firm wrote

Pension advicePension transferSIPP administration

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.