Update for CF Arch Cru customers compensated using the interim payment method
3rd June 2016
Capita Financial Managers recently made the tenth capital distribution to investors resulting from the wind up of the CF Arch Cru funds. Once Capita Financial Managers have confirmed there are no further distributions, FSCS will make the final compensation payments to affected investors.
Before April 2013, FSCS had been paying compensation to those investors on an interim basis, and planned to top-up those amounts once the CF Arch Cru funds crystallised. Since April 2013, FSCS has processed claims using the approach outlined by the Financial Conduct Authority’s Consumer Redress Scheme. Anyone FSCS compensated using this approach will not be affected by this.
If we paid you an interim amount and you are facing financial hardship, please contact our Customer Services Team by email at firstname.lastname@example.org or via Freephone 0800 678 1100 or 0207 741 4100.