FSCS in-default register

Devonshire Asset Management Ltd

Declared in default18 March 2020FRN 401230

What this means for you

Because Devonshire Asset Management 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

Devonshire Asset Management Ltd (FRN 401230), a UK-regulated firm offering pensions and investment products, was declared in default by the Financial Services Compensation Scheme on 18 March 2020. Eligible customers who held qualifying investments or pension arrangements with the firm may be entitled to FSCS compensation of up to £85,000 per claim. The £85,000 limit applies per person per firm for investment business.

Products this firm wrote

Pensions, Investments

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.