FSCS in-default register

Hector McLean Financial Consultants

Declared in default17 February 2020FRN 139039

What this means for you

Because Hector McLean Financial Consultants 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

Hector McLean Financial Consultants (FRN 139039) was declared in default by the Financial Services Compensation Scheme on 17 February 2020. The firm's product types are not specified in available records, limiting clarity on the range of services offered to customers. Former clients may be eligible for FSCS compensation, though the applicable limits depend on the specific products involved in their claims.

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.