FSCS in-default register

Michael Quinn t/a Independent Financial Development

Declared in default5 February 1999FRN 125151

What this means for you

Because Michael Quinn t/a Independent Financial Development 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

Michael Quinn, trading as Independent Financial Development (FRN 125151), was declared in default by the Financial Services Compensation Scheme on 5 February 1999. The firm's product offerings cannot be determined from available records. Former customers may be eligible for FSCS compensation, though the applicable limits depend on the specific financial products involved.

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.