Future Needs Planning
What this means for you
Because Future Needs 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
Future Needs Planning (FRN 125874) has been declared in default by the Financial Services Compensation Scheme as of 20 September 2002. The firm's specific product offerings cannot be determined from available records, limiting identification of the compensation framework applicable to affected customers. Former customers should contact the FSCS directly to establish their eligibility for compensation and the applicable limits, which vary by product type (typically £85,000 for investments, mortgages and deposits, or 90% of claims for insurance products).
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.