FSCS in-default register

Solicitors Financial Services (Central Scotland) Ltd, trading as Equity Financial Services

Declared in default22 March 2021FRN 232377

What this means for you

Because Solicitors Financial Services (Central Scotland) Ltd, trading as Equity Financial Services 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

Solicitors Financial Services (Central Scotland) Ltd, trading as Equity Financial Services (FRN 232377), was declared in default by the Financial Services Compensation Scheme on 22 March 2021. The firm provided pension and investment products to its customers. Former customers may be entitled to FSCS compensation of up to £85,000 per product type for eligible claims relating to investments and pensions.

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.