At Thom Tax, we understand the profound uncertainty and stress you may be experiencing after discovering The Financial Planning Practice Limited has been listed as a failed firm with the Financial Services Compensation Scheme (FSCS). Our dedicated team specialises in guiding clients through complex compensation claims, providing expert support and empathetic assistance during what can be an overwhelming financial journey.
When a regulated financial services firm fails, it can feel like your financial security has been suddenly and unexpectedly compromised. We’re here to transform that anxiety into a clear, actionable path towards potential compensation and financial recovery. With our comprehensive understanding of financial regulations and claims processes, we’ll help you navigate this challenging situation with confidence and clarity.
The Financial Planning Practice Limited Background
The Financial Planning Practice Limited, registered with Companies House under number 04678278 and previously holding Financial Conduct Authority (FCA) authorisation, has undergone significant regulatory changes. Their Firm Reference Number (FRN) 223388 indicates a complex history of financial services provision.
Historically operating as a regulated financial services provider, the firm has experienced a critical transition marked by the removal of its regulatory approval. This status change suggests potential internal operational challenges, compliance issues, or voluntary restructuring that have ultimately impacted their ability to continue providing financial services.
Key aspects of their background include a multi-year presence in financial planning services, leadership by individuals with varied regulatory statuses, and a transition from a fully authorised financial services firm to a organisation with ‘no longer required’ regulatory approval. This shift represents a significant turning point that directly impacts existing and past clients.
Leadership
The leadership of The Financial Planning Practice Limited demonstrates a complex regulatory landscape:
1. Julia Dawn Constable (Primary Contact)
– Individual Reference Number: JDC00021
– Current Status: Regulatory approval no longer required
2. Paul Roy Morris
– Individual Reference Number: PRM00034
– Current Status: Certified / assessed by firm
3. Additional Key Personnel
– Susan Mary Jones: Regulatory approval no longer required
– Geraint Vincent Jones: Regulatory approval no longer required
The mixed regulatory status of leadership suggests significant internal transitions, potential restructuring, and operational complexities that may have contributed to the firm’s current regulatory position. These leadership dynamics underscore the importance of thorough investigation and professional claims support.
Current Reglatory Concerns
The current regulatory status of The Financial Planning Practice Limited raises critical concerns for clients and investors:
1. Regulatory Standing
– Firm’s FCA authorisation has been withdrawn
– ‘Regulatory approval no longer required’ status indicates significant compliance challenges
– Potential breach of financial services regulations
2. Potential Risk Factors
– Compromised financial planning services
– Possible loss of client funds
– Reduced consumer protection mechanisms
– Limited recourse for existing financial arrangements
3. Implications for Stakeholders
– Increased financial vulnerability
– Potential interruption of ongoing financial services
– Complex claims and compensation processes
– Need for immediate financial reassessment
These regulatory concerns demand immediate, strategic action to protect your financial interests and explore potential compensation avenues.
Claims Support
Thom Tax provides comprehensive claims support designed to guide you through the complex process of seeking compensation from the Financial Services Compensation Scheme (FSCS):
1. Initial Consultation
– Free, confidential assessment of your specific situation
– Detailed review of your financial arrangements with The Financial Planning Practice Limited
– Expert analysis of potential compensation eligibility
2. Claims Preparation
– Comprehensive documentation gathering
– Precise claim formulation aligned with FSCS requirements
– Strategic presentation of your financial loss evidence
3. Ongoing Support
– Regular updates throughout the claims process
– Expert navigation of regulatory procedures
– Dedicated support team managing communication with FSCS
4. No-Risk Commitment
– No upfront fees
– Success-based compensation recovery
– Transparent fee structure
Our mission is to transform your financial uncertainty into a clear path towards potential compensation. We combine legal expertise, regulatory knowledge, and compassionate client support to maximize your chances of a successful claim.
Take the first step towards financial recovery. Contact Thom Tax today for your free, confidential consultation and let us help you navigate this challenging journey.
