FSCS in-default register

M.P. Saunders (Financial Services) Limited (formerly Prosperleague Limited)

Declared in default11 August 2005FRN 136436

What this means for you

Because M.P. Saunders (Financial Services) Limited (formerly Prosperleague Limited) 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.P. Saunders (Financial Services) Limited, formerly known as Prosperleague Limited (FRN 136436), was declared in default by the Financial Services Compensation Scheme on 11 August 2005. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation depending on the type of financial products they held with the firm at the time of default.

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.