FSCS in-default register

City of London Markets Ltd, trading as Berkeley Capital

Declared in default12 August 2021FRN 595844

What this means for you

Because City of London Markets Ltd, trading as Berkeley Capital 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

City of London Markets Ltd, trading as Berkeley Capital (FRN 595844), was declared in default by the FSCS on 12 August 2021. The firm provided pension advice, pension transfer services, and self-invested personal pension (SIPP) administration to its customers. Eligible customers who suffered loss through the firm's default may claim compensation of up to £85,000 for investment-related pension products under the FSCS compensation scheme.

Products this firm wrote

Pension advicePension transferSIPP administration

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.
City of London Markets Ltd, trading as Berkeley Capital — in default · FSCS compensation pathway · My AI Marketing