Stony Stratford Life & Pensions Limited formerly Mobund (Life and Pensions) Limited
What this means for you
Because Stony Stratford Life & Pensions Limited formerly Mobund (Life and Pensions) Limited 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
Stony Stratford Life & Pensions Limited, formerly Mobund (Life and Pensions) Limited (FRN 138938), was declared in default by the Financial Services Compensation Scheme on 14 September 2007. The firm offered life and pensions products to its customers. Eligible customers may be entitled to compensation under the FSCS compensation limits applicable to insurance products, which provides cover of 90 per cent of the claim with no upper limit.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.