FSCS in-default register

Ober Private Clients Ltd

Declared in default22 December 2020FRN 706215

What this means for you

Because Ober Private Clients 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

Ober Private Clients Ltd (FRN 706215), a firm offering investment advice and unregulated collective investment products, was declared in default by the Financial Services Compensation Scheme on 22 December 2020. The firm provided advisory services and access to collective investment schemes to its clients. Former customers holding investments through the firm may be entitled to FSCS compensation of up to £85,000 per person.

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.