On 24 September 2015, the Financial Services Compensation Scheme (FSCS) published a press release, informing consumers that they may be able to recover money lost as a result of dealing with any of the 42 financial firms recently declared in default by the FSCS.  

Mark Oakes, Head of Communications at FSCS said: “FSCS protects consumers around the UK when authorised financial services firms cease trading. It protects your deposits, investments, home finance and insurance, and it’s free for consumers to use. Our message to anyone who believes that they may be owed money as a result of their dealings with any of these firms is please get in touch, as we may be able to help you.”

A full list of the affected firms can be found in the FSCS press release.