MCM Independent Financial Advisers Limited formerly M H C Financial Services Limited
What this means for you
Because MCM Independent Financial Advisers Limited formerly M H C Financial Services 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
MCM Independent Financial Advisers Limited, formerly M H C Financial Services Limited (FRN 143864), was declared in default by the Financial Services Compensation Scheme on 28 October 2013. The firm's product types were not specified in available records, preventing detailed characterisation of its service offerings. Eligible customers may be entitled to FSCS compensation up to the applicable limits depending on the category of financial products involved.
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.