FSCS in-default register

Clear Capital Management LLP, trading as Clear Advice, Kalis Capital LLP

Declared in default29 September 2021FRN 598743

What this means for you

Because Clear Capital Management LLP, trading as Clear Advice, Kalis Capital LLP 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

Clear Capital Management LLP, which traded as Clear Advice and Kalis Capital LLP (FRN 598743), provided pension and investment advisory services to UK clients. The Financial Services Compensation Scheme declared the firm in default on 29 September 2021. Former customers holding eligible pension and investment products may claim compensation up to the FSCS limit of £85,000 per person.

Products this firm wrote

Pensions, Investments

How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.