FSCS Failed Firms · FRN 170299

D C Financial — FSCS Claims & Compensation (FRN 170299)

Q: How do I claim against D C Financial?

Claim free through the FSCS at fscs.org.uk, or instruct a representative. A free initial check can confirm eligibility.

Q: How much could I claim for D C Financial?

Where eligible, the FSCS pays up to £85,000 per person for this firm. The amount depends on your assessed loss and circumstances.

Full legal name: D C Financial Ltd, formerly SystemCover Ltd

FailedPensions9 November 2023

Quick Answer

D C Financial Ltd, formerly SystemCover Ltd (FRN 170299) was failed and declared in default by the FSCS on 9 November 2023. If you were advised by D C Financial and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.

D C Financial Ltd, formerly SystemCover Ltd appears on the FSCS failed-firms register. It was failed and declared in default on 9 November 2023, in the Pensions category.

D C Financial Ltd, formerly SystemCover Ltd has also been known as, or traded as: SystemCover Ltd. If you dealt with any of those names, the same claim routes may apply.

What this means for you

If D C Financial advised you on a pension — for example transferring a workplace, personal or final-salary pension, or moving it into a SIPP — and the advice was unsuitable for you, you may have a claim. Where the firm has failed, eligible losses can be claimed from the FSCS up to £85,000 per person.

Your options

FSCS — where D C Financial has failed, you may claim eligible losses up to £85,000 per person, per firm (the FSCS limit is £85,000 for firms that failed from 1 April 2019, £50,000 for 2010–2019 and £48,000 before that). You can claim free at fscs.org.uk without using a solicitor.
A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.

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FAQ

Is D C Financial Ltd, formerly SystemCover Ltd still trading?

D C Financial Ltd, formerly SystemCover Ltd (FRN 170299) appears on the FSCS failed-firms register and was failed and declared in default on 9 November 2023. You should always check the current position on the FCA Register and the FSCS website.

How do I claim against D C Financial?

You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.

How much could I claim for D C Financial?

Where eligible, the FSCS pays up to £85,000 per person for D C Financial. The actual amount depends on your assessed loss and your individual circumstances.

Other pension firms on the FSCS list around the same time

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This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.

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