FSCS in-default register

Bradex Insurance Brokers Limited t/a Bradex Life & Pensions Consultants

Declared in default7 February 2008FRN 134664

What this means for you

Because Bradex Insurance Brokers Limited t/a Bradex Life & Pensions Consultants 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

Bradex Insurance Brokers Limited, which traded as Bradex Life & Pensions Consultants (FRN 134664), was declared in default by the Financial Services Compensation Scheme on 7 February 2008. The firm operated as an insurance broker offering life and pensions advisory services to customers. Former customers of the firm may be eligible for FSCS compensation of up to 90% of their claim with no maximum limit, in accordance with the scheme's insurance intermediary provisions.

Products this firm wrote

--

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.