FSCS in-default register

CPI Services Ltd

Declared in default12 May 2008FRN 305105

What this means for you

Because CPI Services Ltd 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

CPI Services Ltd (FRN 305105), a UK-regulated firm specialising in payment protection insurance claims handling, was declared in default by the Financial Services Compensation Scheme on 12 May 2008. The firm provided services related to PPI claims but did not itself underwrite insurance products. Former customers may be entitled to FSCS compensation of up to 90 per cent of their claim with no upper limit, depending on the circumstances of their case.

Products this firm wrote

Ppi Claims

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.