FSCS in-default register

B P Financial Services

Declared in default8 March 2010FRN 131516

What this means for you

Because B P Financial 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

B P Financial Services (FRN 131516) was declared in default by the Financial Services Compensation Scheme on 8 March 2010. The firm's specific product offerings cannot be determined from available records, limiting clarity on the scope of its regulated activities. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the financial products involved in their claims.

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.