FSCS in-default register

Philip Sprake Financial Services

Declared in default30 June 1999FRN 138122

What this means for you

Because Philip Sprake 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

Philip Sprake Financial Services (FRN 138122) was declared in default by the Financial Services Compensation Scheme on 30 June 1999. The firm's product offerings cannot be determined from available records, limiting assessment of the compensation framework applicable to affected customers. Former clients may be entitled to FSCS compensation depending on the financial products they held, subject to the relevant limits for each product category.

Products this firm wrote

--

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.