FSCS in-default register

New Life Investment Management Limited

Declared in default5 August 1998FRN 143006

What this means for you

Because New Life Investment Management 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

New Life Investment Management Limited (FRN 143006) was declared in default by the Financial Services Compensation Scheme on 5 August 1998. The firm provided investment services to UK customers. Former customers may be entitled to FSCS compensation of up to £85,000 per person for eligible investment claims, subject to the scheme's terms and conditions at the time of default.

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.