FSCS in-default register

Tower Assurance Advisory Services Limited

Declared in default14 October 2008FRN 163461

What this means for you

Because Tower Assurance Advisory 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

Tower Assurance Advisory Services Limited (FRN 163461) was declared in default by the Financial Services Compensation Scheme on 14 October 2008. The firm's specific product offerings cannot be determined from available data. Eligible customers may be entitled to FSCS compensation up to the applicable limit for their product type, subject to scheme rules in force at the time of the claim.

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.