Tees Wear Financial Consultants Ltd
What this means for you
Because Tees Wear Financial Consultants 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
Tees Wear Financial Consultants Ltd, a UK regulated financial services firm operating under FRN 121067, was declared in default by the Financial Services Compensation Scheme (FSCS) on 1 November 1999. The firm's specific product offerings are not recorded in available data. Eligible customers may be entitled to FSCS compensation subject to the scheme's standard protection limits, which vary by product type: £85,000 for investments, mortgages and deposits, and 90 per cent of claims for insurance products with no upper limit.
Products this firm wrote
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.