FSCS in-default register

Wisemans Plc

Declared in default21 March 2006FRN 138281

What this means for you

Because Wisemans Plc 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

Wisemans Plc (FRN 138281), a UK-regulated financial-services firm, was declared in default by the Financial Services Compensation Scheme on 21 March 2006. The firm's product types are not specified in available records. Eligible customers may be entitled to FSCS compensation up to £85,000 for qualifying claims, depending on the products held.

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.