Cumbria Financial Management Limited previously Ross Lloyd Financial Services Limited
What this means for you
Because Cumbria Financial Management Limited previously Ross Lloyd 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
Cumbria Financial Management Limited, previously trading as Ross Lloyd Financial Services Limited (FRN 125768), was declared in default by the Financial Services Compensation Scheme on 8 November 2007. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the specific financial products held at the time of the firm's default.
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.