FSCS in-default register

Smith, Law & Shepherds I.F.A Ltd

Declared in default21 July 2022FRN 719232

What this means for you

Because Smith, Law & Shepherds I.F.A 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

Smith, Law & Shepherds I.F.A Ltd (FRN: 719232) has been declared in default by the Financial Services Compensation Scheme as of 21 July 2022. The firm provided pension and investment advisory services to retail customers. Former clients holding investments may be eligible for FSCS compensation of up to £85,000, while those with pension products may be entitled to compensation according to the relevant FSCS rules for that product type.

Products this firm wrote

Pensions, Investments

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.