FSCS in-default register

Mercantile Financial Consultants Limited

Declared in default19 December 2012FRN 306549

What this means for you

Because Mercantile Financial Consultants 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

Mercantile Financial Consultants Limited (FRN 306549) was declared in default by the Financial Services Compensation Scheme on 19 December 2012. The firm's product types are not specified in available records. Customers of the firm may be eligible for FSCS compensation, though the applicable limits depend on the specific products held at the time of default.

Products this firm wrote

--

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.