LCL (firm reference number (FRN) 146522) has entered creditors’ voluntary liquidation.
LCL is a regulated firm that acted as the bond administrator and Individual Savings Account (ISA) manager for a number of bonds via the ‘My Investment Hub’ platform.
On 22 August 2023 we placed restrictions on LCL which prevented it from conducting regulated activities for new clients or new investments.
Find out why we took this action in our supervisory notice.
On 15 July 2024 the director of LCL appointed Rehan Ahmed and Tauseef Rashid of Quantuma as joint liquidators to wind up the firm for the benefit of its creditors.
To explain what this means for investors, the joint liquidators will be writing shortly to all those who bought a bond via LCL or the ‘My Investment Hub’ platform.
Below we set out:
what to do if you’re an investor concerned about bonds bought via LCL or the ‘My Investment Hub’ platform
how to contact the joint liquidators
how to protect yourself from fraudsters claiming to act on behalf of LCL or the joint liquidators
If you believe you have a claim against LCL please contact the Financial Services Compensation Scheme (FSCS) or the joint liquidators using the details below.
Contact the Financial Services Compensation Scheme
The FSCS has a dedicated service for LCL claims.
You can also:
Phone: 0800 678 1100
Use the FSCS contact form
Visit the website: fscs.org.uk
Contact the joint liquidators
Names: Rehan Ahmed and Tauseef Rashid
Phone: 0115 939 2454
Email: [email protected]
Website: quantuma.com/london-court-limited-liquidation
Address: Quantuma Advisory Limited, 14 Derby Rd, Stapleford, Nottingham NG9 7AA