Update for customers of Strand Capital Limited – FSCS assessing impact on consumers

18th May 2017

The Financial Services Compensation Scheme (FSCS) is aware Strand Capital Limited has entered special administration. The Companies Court has appointed Smith and Williamson and LA Business Recovery Limited as joint special administrators for the firm.

FSCS is working with the joint special administrators to understand what this might mean for the firm’s customers. Given the nature of the firm’s business this may take time, but we will work as quickly as we can to provide some certainty for customers.

We will provide further updates on our website as more information becomes available. Meanwhile, customers may contact the joint special administrators by telephone (on 020 7131 8452) or email (at strandcapital@smithandwilliamson.com). Further information is also available on their website: http://www.smithandwilliamson.com/strand-capital-limited.