Arch Cru claims lodged against Capita led by IFA Centre

Laura Miller
clock

Litigation lawyers Harcus Sinclair have written to Capita Financial Managers Limited (CFML) notifying them of a claim against them in respect of a number of ‘sample' Arch Cru clients.

This is with a view to applying for a Group Litigation Order which will claim for losses incurred by many hundreds of investors in Arch Cru funds. IFA Centre managing director Gillian Cardy, who has spearheaded activities to hold CFML to account for investor losses in the Arch Cru funds, said "Our activities in this matter have previously been dismissed as ‘theory'. I am delighted to confirm that our position is no longer theoretical." CFML also chose to remind Arch Cru investors of the opportunity to claim on the Capita payment scheme in the last fortnight. The opportunity of part...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

How markets have developed in 2026 so far

How markets have developed in 2026 so far

'Active allocation does not mean constant trading or short-term market calls'

James Flintoft
clock 12 August 2026 • 3 min read
How sustainable funds have beaten the index this year

How sustainable funds have beaten the index this year

'ESG funds benefit from access to some of the livelier parts of the market'

Ian Aylward
clock 10 August 2026 • 3 min read
AI is fast turning into an asset allocation story, not just a technology story

AI is fast turning into an asset allocation story, not just a technology story

'What is being challenged is not whether AI matters, but who captures the economics'

Lisa Wang
clock 07 August 2026 • 5 min read