FSCS in-default register

Opes Financial Planning Ltd

Declared in default9 July 2020FRN 533104

What this means for you

Because Opes Financial Planning 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

Opes Financial Planning Ltd, which operated under the trading name Money Advice Partnership Ltd (FRN 533104), was declared in default by the Financial Services Compensation Scheme on 9 July 2020. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits for their product type, though the absence of recorded product data suggests claims may require individual assessment.

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.