IBIS Financial Services Limited
What this means for you
Because IBIS Financial Services Limited 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
IBIS Financial Services Limited (FRN 114328), a UK-regulated financial services firm, was declared in default by the FSCS on 16 June 2006. The firm's specific product offerings cannot be determined from available records, limiting clarity on the scope of its regulated activities. Former customers may be eligible for FSCS compensation, though the applicable limits depend on the product category involved—typically up to £85,000 for deposits, investments, or mortgages, or 90% of net loss for insurance claims without a monetary cap.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.