FSCS in-default register

Principal Financial Services Limited

Declared in default16 October 2003FRN 121021

What this means for you

Because Principal Financial Services 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

Principal Financial Services Limited (FRN 121021) was declared in default by the Financial Services Compensation Scheme on 16 October 2003. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the specific financial products held with the firm.

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.