RE: RE: Anyone please7 Aug 2019 13:54
From experience I may be able to offer some insight ( yes I very very rarely post )
I was caught up in the Beaufort scandal, unfortunately you are locked in until the administrators allow a transfer of assets, in the Beaufort case that was 7 months so be prepared for a lengthy wait, as to compensation the FSCS did cover the administration costs but they wont cover any loss caused by a drop in sp while in administration.
The administrators set up a website with full info and issued an access code so you could see where they were at and complete all the forms online, I guess these will do the same, when they check the records they will contact you.
One of my holdings was 88e during the admin it rose to 2.81p by the time it was transffered it was around 1p but cant claim for that loss, hope that helps but it is a pian in the butt and very frustrating.
good luck TS