FSCS in-default register

B.F.S. Direct Limited

Declared in default11 March 2010FRN 305249

What this means for you

Because B.F.S. Direct 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

B.F.S. Direct Limited (FRN 305249) was declared in default by the Financial Services Compensation Scheme on 11 March 2010. The firm's product types are not specified in available records. Former customers of the firm may be entitled to FSCS compensation according to the scheme's standard limits, though the specific products offered and applicable compensation caps cannot be determined from the data provided.

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.