FSCS in-default register

Cumulus Investment Management Ltd

Declared in default7 November 2017FRN 514336

What this means for you

Because Cumulus Investment 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

Cumulus Investment Management Ltd (FRN 514336) was declared in default by the Financial Services Compensation Scheme on 7 November 2017. The firm's product offerings cannot be determined from available regulatory data. Eligible customers may be entitled to FSCS compensation up to £85,000 for investment products, subject to the scheme's standard terms and conditions.

Products this firm wrote

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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.