The Davidson Clifford Practice (previously Davidson, Clifford)
What this means for you
Because The Davidson Clifford Practice (previously Davidson, Clifford) 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
The Davidson Clifford Practice (FRN 148809), formerly trading as Davidson, Clifford, was declared in default by the Financial Services Compensation Scheme on 10 December 2013. The firm's product types were not specified in available records, limiting clarity on the exact scope of services offered. Former customers may be eligible for FSCS compensation, though the specific limits applicable depend on the nature of products held—typically £85,000 for investments, mortgages, or deposits, or 90% of claims value without limit for insurance.
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.