Consumers in Harrogate could be in line for compensation after FSCS declares firm in default

12 March 2014

The Financial Services Compensation Scheme (FSCS) could provide a lifeline to consumers in Harrogate that have lost money as a result of their dealings with a failed financial firm that FSCS has recently declared in default.

Transglobe Independent Financial Advisors Limited formerly known as The Carbon Partnership Limited t/a Lighthouse North East THE CHAMBERS, 14 NORTH PARK ROAD, HARROGATE, NORTH YORKSHIRE, HG1 5PG

The Scheme has already started paying compensation in respect of the defaulted firms.

Mark Oakes, Head of Communications for FSCS said: FSCS was established to protect consumers when authorised financial services firms go bust. It protects your deposits, investments, home finance and insurance. If anyone believes that they may be owed money as a result of their dealings with any of these firms, please get in touch with FSCS, as we may be able to help you.

Since inception FSCS has come to the aid more than 4.5m people, paying out over £26bn in compensation.

FSCS is the UK’s statutory compensation scheme for customers of regulated financial services firms. A declaration of default means FSCS is satisfied a firm is unable to pay claims for compensation made against it, and opens the way for customers of that firm to make a claim. FSCS is free for individual consumers to use.

FSCS was set up by Government in 2001 and is funded by the financial services industry. FSCS protects insurance, investments, deposits and mortgage advice and arranging. See our compensation limits page for more details.

The FSCS Initial Contact Team can be contacted on 0800 678 1100 or 020 7741 4100 or by email at

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