FSCS in-default register

Westminster Financial Planning Ltd

Declared in default9 June 2021FRN 191247

What this means for you

Because Westminster 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

Westminster Financial Planning Ltd, which operated under the trading name Westminster I.F.A. Ltd (FRN: 191247), has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 9 June 2021. The firm's product types are not specified in available records. Eligible customers may claim compensation under the FSCS scheme, though specific entitlements depend on the nature of products held and applicable compensation 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.