FSCS in-default register

Designed 4 Life Ltd

Declared in default25 January 2017FRN 457927

What this means for you

Because Designed 4 Life 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

Designed 4 Life Ltd (FRN 457927) was declared in default by the Financial Services Compensation Scheme on 25 January 2017. The firm's specific regulated financial products cannot be determined from available records, limiting clarity on the scope of services it provided. Eligible customers may be entitled to FSCS compensation of up to £85,000 for deposits or investments, or up to 90% of losses for insurance products, depending on the nature of their claim.

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.