FSCS in-default register

N.J Associates

Declared in default11 February 2020FRN 141002

What this means for you

Because N.J Associates 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

N.J Associates, FRN 141002, was declared in default by the FSCS on 11 February 2020. The firm provided pension advice, pension transfer services, and Self-Invested Personal Pension (SIPP) administration to its customers. Former customers of the firm may be entitled to FSCS compensation of up to £85,000 in relation to their pension investments and SIPP holdings.

Products this firm wrote

Pension advicePension transferSIPP administration

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.