FSCS in-default register

Cornerstone Financial Services Ltd

Declared in default30 November 2016FRN 431394

What this means for you

Because Cornerstone Financial Services 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

Cornerstone Financial Services Ltd (FRN 431394) has been declared in default by the Financial Services Compensation Scheme, effective 30 November 2016. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to compensation under FSCS protection limits, though the applicable coverage depends on the nature of products held at the time of default.

Products this firm wrote

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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.