FSCS in-default register

Strand Capital Ltd

Declared in default17 May 2017FRN 494001

What this means for you

Because Strand Capital 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

Strand Capital Ltd (FRN 494001) was a UK-regulated financial-services firm that offered pensions and investment products. The firm was declared in default by the Financial Services Compensation Scheme (FSCS) on 17 May 2017. Former customers holding investments through the firm may be entitled to FSCS compensation of up to £85,000 per person.

Products this firm wrote

Pensions, Investments

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.