PRESTON INSURANCE ASSOCIATES LTD.

Reference number: 306784

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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.

Also trades as
  • PiA Commercial

Company details

From the company's Companies House record.

Company number
SC163957
Company status
Active
Company type
Private limited company
Incorporated
7 March 1996 (30 years old)
Registered office
Suite 16 3 Meikle Road, Livingston, EH54 7DE, Scotland
Nature of business
  • Non-life insurance (SIC 65120)

Current directors and secretaries

Name Role Born Appointed
Stuart William Aitchison Director Jan 1966 7 Mar 1996
Stuart William Aitchison Secretary Not published 9 Sep 2013

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
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  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments

Limits on what they may do

  • May control money if settlement through a mandate.
    The general requirement not to hold or control CLIENT MONEY does not restrict the firm from controlling CLIENT MONEY if it arises from an agreement under which the firm effects settlement through a mandate or otherwise.
  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
  • May hold/control client money if rebated commission
    The general requirement not to hold or control CLIENT MONEY does not apply if the CLIENT MONEY arises from an agreement under which commission is rebated to the client.

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 PRESTON INSURANCE ASSOCIATES LTD. FCA authorised?
Yes, PRESTON INSURANCE ASSOCIATES LTD. (FRN 306784) is authorised by the FCA to carry out regulated activities.
Is my money safe with PRESTON INSURANCE ASSOCIATES?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about PRESTON INSURANCE ASSOCIATES to the Financial Ombudsman Service, free of charge.
Is PRESTON INSURANCE ASSOCIATES a scam or clone?
PRESTON INSURANCE ASSOCIATES 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 PRESTON INSURANCE ASSOCIATES's Firm Reference Number (FRN)?
PRESTON INSURANCE ASSOCIATES's FRN is 306784. You can verify it on the FCA register.