FSCS in-default register

Mr Raymond George Phillips TA 'Phillips Financial'

Declared in default21 February 1996FRN 140120

What this means for you

Because Mr Raymond George Phillips TA 'Phillips Financial' 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

Mr Raymond George Phillips, operating under the trading name Phillips Financial (FRN 140120), was declared in default by the Financial Services Compensation Scheme on 21 February 1996. The firm's specific product offerings are not recorded in available documentation. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the category of financial products involved in individual cases.

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.