Russell Watchorn Financial Services Ltd
What this means for you
Because Russell Watchorn Financial Services Ltd 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
Russell Watchorn Financial Services Ltd (FRN 116165) was declared in default by the Financial Services Compensation Scheme on 27 April 2017. The firm's product types are not specified in available records, limiting detail on the scope of its financial services offering. Eligible customers may claim compensation under FSCS protection limits applicable to the relevant product category, though the absence of specified product data prevents confirmation of the exact compensation ceiling applicable to individual claims.
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.