FSCS in-default register

Sovereign UK Financial Services Limited

Declared in default21 July 2006FRN 141429

What this means for you

Because Sovereign UK 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

Sovereign UK Financial Services Limited (FRN 141429) was declared in default by the Financial Services Compensation Scheme on 21 July 2006. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the specific 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.