FSCS in-default register

JP Financial Management Ltd

Declared in default10 June 2020FRN 460241

What this means for you

Because JP Financial Management Ltd 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

JP Financial Management Ltd (FRN 460241) provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to UK consumers. The Financial Services Compensation Scheme (FSCS) declared the firm in default on 10 June 2020. Eligible customers who held investments through the firm may be entitled to compensation of up to £85,000 under FSCS protection.

Products this firm wrote

Pension advicePension transferSIPP administration

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.