Capital Asset Management Ltd
Declared in default28 July 2021FRN 503091
What this means for you
Because Capital Asset Management 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
Capital Asset Management Ltd, trading as HSJ Asset Management Ltd (FRN 503091), provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to UK customers. The Financial Services Compensation Scheme declared the firm in default on 28 July 2021. Former customers with eligible claims relating to pension advice or pension transfer services may be entitled to compensation of up to £85,000 under FSCS protection rules.
Products this firm wrote
Pension advicePension transferSIPP administration
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.