FSCS in-default register

Philip Silvester Financial Services Limited t/a Silvesters

Declared in default3 January 2006FRN 142615

What this means for you

Because Philip Silvester Financial Services Limited t/a Silvesters 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 Silvester Financial Services Limited, trading as Silvesters (FRN 142615), was declared in default by the Financial Services Compensation Scheme on 3 January 2006. The firm's regulated product types are not specified in available records. Eligible customers may be entitled to compensation under FSCS protection rules, subject to the relevant product category limits and claim conditions in force at the time of default.

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.