FSCS in-default register

M Wright & V Staton (both deceased) t/a Michael Vernon

Declared in default17 February 2010FRN 138043

What this means for you

Because M Wright & V Staton (both deceased) t/a Michael Vernon 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

M Wright & V Staton, trading as Michael Vernon (FRN 138043), was declared in default by the Financial Services Compensation Scheme on 17 February 2010. The firm's product types are not specified in available records, preventing precise identification of the financial services it offered. Eligible claimants may be entitled to FSCS compensation depending on the product category involved, subject to standard compensation limits.

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.