Business Consulting Associates (Planning) Limited
What this means for you
Because Business Consulting Associates (Planning) 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
Business Consulting Associates (Planning) Limited (FRN 131812) was declared in default by the FSCS on 9 December 1999. The firm's regulated product types are not specified in available records. Customers of the firm may be entitled to FSCS compensation, though the applicable limits depend on the category of financial product held; eligible claims are capped at £85,000 for investments, mortgages and deposits, or up to 90 per cent of losses for insurance products with no upper limit.
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.