SK8 Financial Services Ltd
What this means for you
Because SK8 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
SK8 Financial Services Ltd (FRN 230129) was declared in default by the Financial Services Compensation Scheme on 1 September 2016. The firm's product offerings cannot be determined from available records, limiting clarity on the scope of its operations. Eligible customers may seek FSCS compensation, though specific entitlements depend on the product category involved, with standard limits of £85,000 applying to most investments, mortgages and deposits, and 90 per cent of losses for insurance 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.