FSCS in-default register

WR Simon Ashley Silver Independent Financial Advisor Ltd

Declared in default12 April 2024FRN 209539

What this means for you

Because WR Simon Ashley Silver Independent Financial Advisor 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

WR Simon Ashley Silver Independent Financial Advisor Ltd (FRN 209539), an independent financial adviser offering pensions and investment services, was declared in default by the Financial Services Compensation Scheme on 12 April 2024. Eligible customers may claim compensation of up to £85,000 per protected claim for investments and pensions advice-related losses. The declaration ends the firm's regulated status under the Financial Conduct Authority.

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.