Lakeside Industries Limited formerly Pentland Insurance Brokers Limited
What this means for you
Because Lakeside Industries Limited formerly Pentland Insurance Brokers 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
Lakeside Industries Limited, formerly Pentland Insurance Brokers Limited (FRN 121560), was declared in default by the Financial Services Compensation Scheme on 19 May 2008. The firm's product types are not specified in available records. Eligible policyholders may be entitled to FSCS compensation, though the specific limits depend on the class of insurance product involved, with coverage typically capped at 90 per cent of claims for most insurance classes.
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.