FSCS declares 12 firms in default in March 2020

Regular notice that consumers could be in line for compensation

The Financial Services Compensation Scheme (FSCS) declared 12 failed regulated firms in default during March 2020. FSCS announces these declarations regularly, to let consumers know they could get back the money they have lost as a result of their dealings with any of those firms (listed below).

FSCS is the UK's statutory compensation scheme that protects customers of authorised financial services firms that carry out certain regulated activities. A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it. This paves the way for customers of that firm to make a claim for compensation with FSCS. Since it began in 2001, FSCS has helped more than 4.5m people, paying out more than £26bn in compensation.

Lila Pleban, Interim Chief Communications and Marketing Officer, said: “At FSCS we know that our protection contributes to confidence in financial services, so we reach out to consumers who may be able to benefit from that protection by claiming against a failed firm. Our claims-handlers are empathetic and support is available throughout the process. The online claims portal provides the easy-to-use service our customers expect, and at lower cost to our levy-payers.”

Visit https://claims.fscs.org.uk/ if you wish to make a claim with FSCS against any of these firms. You can also contact our Customer Services Team on 0800 678 1100 or 020 7741 4100, or by email at enquiries@fscs.org.uk

For the latest FSCS news and information visit www.fscs.org.uk or follow @FSCS on Twitter.

Declarations by FSCS between 1st and 31st March 2020

Greater London

  • Tenebris Realisations Limited (formerly Seymour Pierce Limited) 29/30 Cornhill, London, EC4N 8EL
  • Ashley Law Limited 30-32 Staines Road, Hounslow, TW3 3LZ

East of England

  • A J Cook (Insurance Brokers) Limited 34 Foundation Street, Ipswich, Suffolk, IP41BN

North West

  • New Mersey Motor Co Limited S T C House, Speke Hall Road, Liverpool, L24 9HD

South East

  • Octagon Motor Company Limited Jubilee House, John Nike Way, Bracknell, Berkshire, RG12 8TN
  • ARLWM Limited t/a Montgomery Financial Consultants Croxtons Mill, Blasford Hill, Little Waltham, Chelmsford, Essex, CM3 3PJ
  • Huntsman Hawkes Limited 2 James Whatman Court, Turkey Mill, Ashford Road, Maidstone, Kent, ME14 5PP
  • Organic Investment Management Limited c/o RSM Restructuring Advisory LLP, Highfield Court, Tollgate, Chandler's Ford, Eastleigh, Hampshire, SO53 3TY

South West

  • Devonshire Asset Management Limited 5 Barnfield Crescent, Exeter, Devon, EX1 1QT

Scotland

  • One Wealth Management Limited C/o Murray Stewart Fraser Ltd, The Pentagon Centre, 36 Washington Street, Glasgow, G38AZ
  • Midas Financial Solutions (Scotland) Limited 23 Carden Place, Aberdeen, AB10 1UQ
  • MacKintosh Cunningham Consulting Limited 335/337 Baltic Chambers, 50 Wellington Street, Glasgow, G2 6HJ

 

Media enquiries
Email: publicrelations@fscs.org.uk
Anthony Ozimic t: 020 7375 8638 / m: 07939 177683
Suzette Browne t: 020 7375 8633
James Tweed t: 020 7375 8646
Catherine Goodier t: 020 7375 8631

Notes for editors
Read more about the remit of FSCS on our Notes for editors page.