FSCS in-default register

M.J. Financial Planning

Declared in default28 August 1998FRN 121259

What this means for you

Because M.J. Financial Planning 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

M.J. Financial Planning (FRN 121259) was declared in default by the FSCS on 28 August 1998. The firm's specific product offerings are not recorded in available data. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the type of financial product held; compensation typically caps at £85,000 for investments, mortgages, and deposits, or 90 per cent of losses without limit for insurance products.

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.