P.A.Barnes (Life & Pensions) Limited
What this means for you
Because P.A.Barnes (Life & Pensions) 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
P.A. Barnes (Life & Pensions) Limited, FRN 169695, was declared in default by the Financial Services Compensation Scheme on 31 March 2006. The firm's product-type data is unavailable, preventing specification of the financial services it offered. Former customers may be entitled to FSCS compensation, though the applicable limits—£85,000 for investments, mortgages, or deposits, or 90 per cent of losses for insurance—cannot be confirmed without clarity on which products the firm provided.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.