FSCS in-default register

Terence Schofield trading as Schofield Insurance Services

Declared in default14 May 1997FRN 125023

What this means for you

Because Terence Schofield trading as Schofield Insurance Services 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

Terence Schofield, trading as Schofield Insurance Services (FRN 125023), was declared in default by the Financial Services Compensation Scheme on 14 May 1997. The firm's product types are not specified in available records. Eligible customers may claim compensation through the FSCS, subject to the scheme's applicable limits for the products involved.

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.