Abbey Lane Financial Associates Ltd
Declared in default25 March 2024FRN 649170
What this means for you
Because Abbey Lane Financial Associates 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
Abbey Lane Financial Associates Ltd (FRN 649170) was declared in default by the FSCS on 25 March 2024. The firm provided pension advisory services, including pension transfer advice and Self-Invested Personal Pension (SIPP) administration. Customers of the firm may be eligible for FSCS compensation of up to £85,000 in relation to their pension-related investments.
Products this firm wrote
Pension advicePension transferSIPP administration
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.