Strand Capital Ltd were a business that 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 the 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 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 get in touch with us for free, non-obligation advice, and one of our Solicitors will call you back at a convenient time.
Several SIPP providers have been held accountable for failing to protect investors from high-risk and unsuitable pension investments. Below are some SIPP providers that have faced legal action and complaints due to regulatory failings:
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For over 17 years, our solicitors have specialised in pension mis-selling, SIPP claims, and negligent financial advice. We know how these cases work—and how to get results.
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You do not need legal representation to make a financial services claim. You can complain yourself at no cost and under FCA rules, the financial services provider must provide a response. If you feel this is unsatisfactory, you can complain to the statutory redress bodies, the FOS and FSCS who can award you compensation. This is a free service.
The information appearing within this website does not constitute legal advice and is provided for general information purposes only. No warranty, whether express or implied, is given in relation to such material, and we do not accept any liability for reliance on it.
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