FSCS in-default register

EQ Financial Planning Ltd

Declared in default25 November 2022FRN 575160

What this means for you

Because EQ Financial Planning 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

EQ Financial Planning Ltd (FRN 575160) provided investment advice and unregulated collective investment products to customers. The Financial Services Compensation Scheme (FSCS) declared the firm in default on 25 November 2022. Eligible customers with investment losses may claim compensation up to the FSCS limit of £85,000 per person.

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.