FSCS in-default register

Moneytalk Independent Financial Advisers Limited

Declared in default16 December 2013FRN 400454

What this means for you

Because Moneytalk Independent Financial Advisers 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

Moneytalk Independent Financial Advisers Limited (FRN 400454) was declared in default by the Financial Services Compensation Scheme on 16 December 2013. The firm provided independent financial advice services to retail customers. Eligible customers may be entitled to compensation of up to £85,000 for certain protected claims, depending on the specific products involved.

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.