FSCS in-default register

Covt (Realisation) Limited formerly LTI Limited

Declared in default20 November 2013FRN 308009

What this means for you

Because Covt (Realisation) Limited formerly LTI Limited 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

Covt (Realisation) Limited, formerly known as LTI Limited (FRN 308009), was declared in default by the Financial Services Compensation Scheme on 20 November 2013. The firm's product types were not specified in available records. Eligible customers may be entitled to FSCS compensation up to the applicable limits depending on the type of financial product involved.

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.