LCM Family Ltd
What this means for you
Because LCM Family Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
LCM Family Ltd (FRN 227651), a UK-regulated financial services firm offering investment advice and exposure to unregulated collective investment schemes, was declared in default by the Financial Services Compensation Scheme on 29 April 2026. The firm provided advisory services and investment products to retail customers. Former customers may be entitled to FSCS compensation of up to £85,000 for investment-related claims, subject to scheme eligibility criteria and the firm's treatment of unregulated collective investments.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.