FSCS in-default register

Litco Portfolio Management Ltd

Declared in default13 February 2006FRN 114727

What this means for you

Because Litco Portfolio Management 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

Litco Portfolio Management Ltd (FRN 114727), a UK-regulated financial services firm, was declared in default by the FSCS on 13 February 2006. The firm's product offerings cannot be determined from available data. Former customers may be entitled to FSCS compensation, though the specific limits depend on the products held; standard compensation covers investments, mortgages, and deposits up to £85,000 each, and insurance claims up to 90% of losses with no upper limit.

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.