Salim Safderali Lalji Datoo
Declared in default8 March 2007FRN 148081
What this means for you
Because Salim Safderali Lalji Datoo 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
Salim Safderali Lalji Datoo (FRN 148081) was declared in default by the Financial Services Compensation Scheme on 8 March 2007. The firm's authorised product types are not specified in available records. Eligible customers may claim compensation up to the FSCS limits applicable to the products they held with the firm, though the absence of specified product data limits clarity on individual compensation entitlements.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.