Howard Scofield Independent Financial Advisor
What this means for you
Because Howard Scofield Independent Financial Advisor 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
Howard Scofield Independent Financial Advisor (FRN 199019), a UK regulated financial advisory firm, was declared in default by the FSCS on 24 October 2012. The firm's specific product offerings cannot be determined from available records, limiting clarity on the scope of its advisory activities. Former customers may be entitled to FSCS compensation, though eligibility and claim limits depend on the nature of products involved, with typical protection extending to £85,000 for investments and mortgages, or full coverage for certain insurance products.
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.