FSCS in-default register

Beaufort Asset Clearing Services Ltd

Declared in default1 March 2018FRN 485165

What this means for you

Because Beaufort Asset Clearing Services Ltd 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

Beaufort Asset Clearing Services Ltd (FRN 485165) has been declared in default by the Financial Services Compensation Scheme (FSCS) as of 1 March 2018. The firm's specific financial products cannot be determined from available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits for their product type, though the firm's product scope remains unspecified.

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.