FSCS in-default register

Beaufort Securities Ltd

Declared in default15 March 2018FRN 155104

What this means for you

Because Beaufort Securities 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

Beaufort Securities Ltd (FRN 155104), a UK-regulated financial services firm offering investment advice and unregulated collective investment products, was declared in default by the FSCS on 15 March 2018. Former customers who held investments through the firm may be entitled to compensation up to the FSCS limit of £85,000 per eligible claim. The declaration triggered the FSCS's compensation scheme for customers of the now-defunct firm.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.