Pacific Continental Securities UK Ltd
Pacific Continental Securities (UK) Ltd went into administration on 20 June 2007 and was subsequently placed into liquidation on 21 March 2008. Stephen Cork and Joanne Milner of Smith & Williamson are liquidators of this firm.
The role of FSCS
FSCS is currently talking to the liquidators to determine our involvement in considering claims against Pacific Continental Securities (UK) Ltd.
FSCS may be able to help customers of the firm if it is unable to pay claims made against it (described by us as being "in default"). The firm has not yet been declared in default by FSCS.
Claims
We have sent out application forms to all customers of the firm who had outstanding complaints with the Financial Ombudsman Service. If we declare the firm in default, we will then contact all other potential claimants who have registered claims with the liquidators.
What to do if you think you have a claim
If you believe that you may have a claim you should contact the liquidators to register your claim against the firm, at the address below:
Smith & Williamson
25 Moorgate
London
EC2R 6AY
Tel: 020 7131 4000
Administrators' progress report on Pacific Continental Securities (UK) Ltd
About FSCS
The Financial Services Compensation Scheme (FSCS) is the UK's statutory fund of last resort for customers of financial services firms and may be able to help consumers if an authorised firm is unable to pay claims against it. The Scheme was set up under the terms of the Financial Services and Markets Act 2000 and protects deposits, insurance, investments and mortgage business.
You do not need to claim through a solicitor, accountant or anyone else. Bringing a claim direct to FSCS will not cost you anything. If you do decide to instruct someone to act for you, we will not usually be able to pay their fees.
