Paul Steven George Nicholls
What this means for you
Because Paul Steven George Nicholls 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
Paul Steven George Nicholls (FRN 477962), a UK regulated financial-services firm, was declared in default by the Financial Services Compensation Scheme on 16 October 2017. The firm's specific product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation depending on the types of products they held, subject to the scheme's standard limits of £85,000 for investments, mortgages, and deposits, or 90 per cent of losses for insurance claims.
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.