FSCS in-default register

Gerard W. Schofield (Insurance Services) Limited

Declared in default12 December 2007FRN 137852

What this means for you

Because Gerard W. Schofield (Insurance 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

Gerard W. Schofield (Insurance Services) Limited, FRN 137852, was declared in default by the Financial Services Compensation Scheme on 12 December 2007. The firm provided insurance services to customers in the UK financial market. Former customers may be entitled to compensation of up to 90% of their claim with no upper limit under FSCS protection rules for insurance intermediaries.

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.