Losses With Strand Capital
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Strand Capital Ltd were a business who were involved in the management of investments made through their customers’ pensions. The company was recently placed into Special Administration and we are aware that many people who had dealings with this company have suffered financial losses as a result.
The pension investments made by Strand Capital Ltd were, in some instances, put into high risk and unregulated funds and asset classes. Some of these are now frozen, or have lost their entire value. Many of these investments were unsuitable and inappropriate for the risk profile of Strand Capital Ltd’s customers.
The business activities of Strand Capital Ltd were regulated by the Financial Conduct Authority (FCA). This means that, in certain circumstances, it may be possible for investors who have suffered losses through dealings with this business to seek compensation for their losses by using special claim procedures established by the industry.
Strand Capital Ltd were under a duty to comply with rules of business and codes of conduct set by the FCA. Failure to do this could mean that they are liable for any subsequent financial losses suffered by their clients and customers.
In particular, Strand Capital Ltd were under a duty to ensure that the investments and pension options they recommended were suitable, appropriate and did not expose people to higher levels of risk than what they are prepared to take.
A failure to achieve this could mean that there are good grounds for pursuing a claim for compensation to recover losses.
We are currently acting for clients who have suffered losses on pension investments recommended by Strand Capital Ltd. If you are similarly affected then we would like to hear from you as we may be able to assist you in bringing a No win, No fee claim to recover your losses. Please call us on 0208 870 7849 for further advice, or fill in the form and one of our Solicitors will call you back at a convenient time.