FSCS in-default register

Penns Financial Services Limited

Declared in default16 October 2000FRN 136863

What this means for you

Because Penns Financial Services 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

Penns Financial Services Limited (FRN 136863) was declared in default by the Financial Services Compensation Scheme on 16 October 2000. The firm's product types are not specified in available records. Former customers of the firm may be entitled to FSCS compensation, subject to the standard limits applicable to their product category, though the absence of recorded product information limits clarity on specific entitlements.

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.