FSCS in-default register

PRM Financial Management Limited

Declared in default29 September 2014FRN 225652

What this means for you

Because PRM Financial Management 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

PRM Financial Management Limited (FRN 225652) was declared in default by the Financial Services Compensation Scheme on 29 September 2014. The firm's regulated product types are not specified in available records. Former customers of the firm may be eligible for FSCS compensation, though specific entitlements depend on the nature of products held at the time of default.

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.