Independent Shetland Finance Limited

Reference number: 967668

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Appointed representative

This firm does not hold FCA authorisation of its own. It acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

2 Plan Wealth Management Limited Reference number: 461598 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Independent Shetland Finance Limited (FRN 967668) is an AR of 2 Plan Wealth Management Limited (FRN 461598). When you use Independent Shetland Finance's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Independent Shetland Finance, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

  • No website on the FCA register

  • Verified phone number

    01595 697542

  • Verified address

    65 Commercial Road, Lerwick, Shetland, ZE1 0NL, United Kingdom

Company details

From the company's Companies House record.

Company name
INDEPENDENT SHETLAND FINANCE LTD
Company number
SC500203
Company status
Active
Company type
Private limited company
Incorporated
11 March 2015 (11 years old)
Registered office
65 Commercial Road, Lerwick, Shetland, ZE1 0NL, Scotland
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
David Charles Coles Director Jul 1965 11 Mar 2015

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through 2 Plan Wealth Management Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

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Common questions

Frequently asked questions

Is Independent Shetland Finance Limited FCA authorised?
Independent Shetland Finance Limited (FRN 967668) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Independent Shetland Finance?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Independent Shetland Finance Limited (FRN 967668) is an AR of 2 Plan Wealth Management Limited (FRN 461598). When you use Independent Shetland Finance's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Independent Shetland Finance, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
Is my money safe with Independent Shetland Finance?
Protection works through 2 Plan Wealth Management Limited, the principal firm responsible for Independent Shetland Finance's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Independent Shetland Finance a scam or clone?
Independent Shetland Finance is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is Independent Shetland Finance's Firm Reference Number (FRN)?
Independent Shetland Finance's FRN is 967668. You can verify it on the FCA register.