FSCS in-default register

T E Woodward & Co

Declared in default23 April 2014FRN 126343

What this means for you

Because T E Woodward & Co 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

T E Woodward & Co (FRN 126343) was declared in default by the Financial Services Compensation Scheme on 23 April 2014. The firm's product classification data is not available, preventing specification of the financial services it offered to customers. Eligible customers may claim FSCS compensation, though the applicable limit depends on the product type involved, ranging from £85,000 for deposits, investments, and mortgages to 90 per cent of loss for insurance claims.

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.