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Pacific Continental and the FSCS - help needed

After sending off the relevant paperwork to the FSCS, they have turned down our claims for compensation.
One reason is that they will not accept a copy of our 'Attitude to Risk' which is a very poor photocopy.
Does anyone have a legible copy of this form and would be willing for us to have a copy to prove to the FSCS the wording of this form? (Not that they won't have seen many of these before).

Despite Pacific Continental having been an FSA regulated company (ha!), the FSCS is behaving exactly like an insurance company, and is making a brilliant effort in wriggling out of their commitments.

I hope that the next government will be more supportive of the ordinary investors of this country.

Many thanks.

Comments

  • dunstonh
    dunstonh Posts: 117,990 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The FSCS are dealing with many complaints from this firm and they will have seen a large number of the attitude to risk forms. I would be surprised if that is a reason enough in itself as they can source a legible copy easily. Is the reason just in a list of reasons why they are not paying out?
    Pacific Continental having been an FSA regulated company (ha!), the FSCS is behaving exactly like an insurance company, and is making a brilliant effort in wriggling out of their commitments.
    The FSCS is not a charity and has a responsibility to making sure that only people entitled to funds receive them. As someone who has to pay towards the FSCS each year, I am pleased to hear they are not rolling over and simply paying out no a whim.

    Personally, I think the FSCS has a pretty hard job to do. They have to ascertain if any wrong doing has taken place based on very limited information. In comparison the FOS has a much easier job.
    I hope that the next government will be more supportive of the ordinary investors of this country.
    Unfortunately, it is estimated that around a third of claims/complaints are try-it-ons or fraudulent. So, to expect any difference in future is wishful thinking. Although the Conservatives did suggest that they would reduce consumer protection a little in an attempt to reduce consumer fraud and try-it-on complaints.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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