FSCS in-default register

Ideal Financial Solutions

Declared in default28 March 2017FRN 446279

What this means for you

Because Ideal Financial Solutions 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

Ideal Financial Solutions (FRN 446279) has been declared in default by the Financial Services Compensation Scheme as of 28 March 2017. The firm's specific product lines are not publicly detailed in available records. Former customers may be eligible for FSCS compensation, though entitlement amounts depend on the nature of products held and fall within standard FSCS limits.

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.