Colbourne & Company
Declared in default26 September 2024FRN 125003
What this means for you
Because Colbourne & Company 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
Colbourne & Company (FRN 125003), a UK-regulated financial services firm providing investment advice and unregulated collective investment products, was declared in default by the Financial Services Compensation Scheme on 26 September 2024. Eligible customers with claims relating to investment products may recover up to £85,000 per claim under FSCS protection. The firm's default triggers compensation cover for protected investment business conducted before the declaration date.
Products this firm wrote
Investment adviceUnregulated Collective Investment Schemes (UCIS)
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.