for all those who lost money with PCS it might be woth reading the mail below :

The Financial Services Compensation Scheme has not yet declared Pacific Continental to be in default, although it is now more than 18 months since the company went into administration. As you know, we cannot progress your claim for compensation until Pacific Continental is declared in default.

We are in contact with the FSCS, but we have been given no reason for the delay. We do not doubt that Pacific Continental will be declared in default eventually, but the FSCS will not give us a definite indication of when this will be.

You will appreciate that our ability to put pressure on the FSCS is very limited. However, we would invite you to help us to help you by telephoning the FSCS yourself on 020 7892 7300, stating that you are concerned about the continuing delay in declaring Pacific Continental in default, and enquiring as to when this is going to happen. A substantial number of enquiries would increase the pressure on the FSCS to act quickly.


Yours Faithfully
LEELANES SOLICITORS LLP