FSCS in-default register

Midhurst Asset Management Ltd

Declared in default9 January 2023FRN 154333

What this means for you

Because Midhurst 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

Midhurst Asset Management Ltd, which operated under the trading name Legistshelfco No 122 Ltd (FRN 154333), provided investment advice and unregulated collective investment products to clients. The Financial Services Compensation Scheme declared the firm in default on 9 January 2023. Former customers may be entitled to FSCS compensation of up to £85,000 for investment-related claims.

Products this firm wrote

Investment adviceUnregulated Collective Investment Schemes (UCIS)

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.