FSCS in-default register

A+ Financial Services Ltd trading as A-plus Independent Financial Advice, Grosvenor Trust & Saving, A-plus

Declared in default14 December 2022FRN 222159

What this means for you

Because A+ Financial Services Ltd trading as A-plus Independent Financial Advice, Grosvenor Trust & Saving, A-plus 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

A+ Financial Services Ltd, which traded under the names A-plus Independent Financial Advice, Grosvenor Trust & Saving, and A-plus (FRN 222159), was declared in default by the FSCS on 14 December 2022. The firm provided investment advice and operated unregulated collective investment schemes. Eligible customers may be entitled to FSCS compensation of up to £85,000 in relation to investment business.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.