FSCS in-default register

Foresight Financial Services Ltd trading as Foresight

Declared in default13 January 2022FRN 479805

What this means for you

Because Foresight Financial Services Ltd trading as Foresight 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

Foresight Financial Services Ltd, trading as Foresight (FRN 479805), was declared in default by the Financial Services Compensation Scheme on 13 January 2022. The firm provided investment advice and managed unregulated collective investment products for its clients. Former customers may be entitled to FSCS compensation of up to £85,000 in respect of investment-related claims.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.