How do I apply for compensation?

A guide to making a claim with the Financial Services Compensation Scheme

What is this guide?

  • What can it help me with?
  • What is the Financial Services Compensation Scheme?

Deciding if you can claim compensation

  • What are the requirements?
  • What can I get compensation for?
  • What if the firm is still in business?
  • What if the firm has stopped trading?
  • What if the firm says it cannot consider my claim?
  • What kind of financial products and services are covered by the FSCS?
  • Deposits with banks, building societies and credit unions
  • Home finance brokers (mortgage advisers and arrangers)
  • Investment business
  • Insurance policies and insurance broking
  • Am I covered if I did business over the internet?
  • Can you compensate businesses as well as individuals?

Making a claim

  • How do I make a claim?
  • Does it cost anything to make a claim?
  • Will I need legal or professional representation to make a claim?
  • How quickly do I need to make my claim?
  • What happens after I’ve made a claim?
  • How long does it take until you’ve made a decision?

Making a complaint

  • What do I need to do to make a complaint?
  • If you’re not happy with the decision or the compensation awarded
  • If you’re not happy with the service you received
  • The complaint process

Finding out more