FSCS in-default register

First Choice Olympic Limited (formerly Fraser Marr Financial Services Limited)

Declared in default30 July 2014FRN 131448

What this means for you

Because First Choice Olympic Limited (formerly Fraser Marr 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

First Choice Olympic Limited, formerly known as Fraser Marr Financial Services Limited (FRN 131448), was declared in default by the Financial Services Compensation Scheme on 30 July 2014. The firm's regulatory product scope has not been specified in available records. Eligible customers of the firm may be entitled to compensation under FSCS protection limits applicable to the financial products they held.

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.