FSCS in-default register

Target Financial Management Limited

Declared in default13 June 2012FRN 426034

What this means for you

Because Target 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

Target Financial Management Limited, a UK-regulated financial services firm (FRN 426034), was declared in default by the Financial Services Compensation Scheme on 13 June 2012. The firm's product offerings and therefore the applicable FSCS compensation limits cannot be determined from available structured data. Eligible claimants may contact the FSCS directly to establish what compensation they may recover based on the specific financial products they held with the firm.

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.