FSCS in-default register

Castle Asset Financial Services

Declared in default31 August 1999FRN 133522

What this means for you

Because Castle Asset Financial Services 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

Castle Asset Financial Services (FRN 133522) was declared in default by the FSCS on 31 August 1999. The firm's specific product offerings are not recorded in available data. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the types of products held; typical limits include £85,000 for deposits and investments, and 90% of claims for insurance products with no upper limit.

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.