FSCS responds to FSA/Capita Financial Managers Limited’s announcements regarding CF Arch cru funds

21st June 2011

The FSCS is aware that the Financial Services Authority (FSA) has announced that it has been in discussions concerning the CF Arch cru Investment Funds and the CF Arch cru Diversified Funds with a view to establishing a £54 million package for investors who are invested in the Arch cru Funds.

The FSCS is considering the implications of this development for claims that it has received arising from investments made by claimants in these funds. These claims for compensation have been made against various Independent Financial Advisors that are no longer trading. We will provide further information about our position to claimants as soon as we are able to.

Further information

Jargon Buster

  • FSA

    Financial Services Authority, was previously the UK's regulator for the finance industry. It was replaced by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) on 1 April 2013.
  • Investment

    a financial product in which money can be invested to earn interest or profit (although the value of investments can go down as well as up).