• Free Initial Assessment: No-Obligation Chat

Strand Capital Insurance May Pay Claims Over Company’s Collapse

Strand Capital Insurance May Pay Claims Over Company’s Collapse

Investment portfolio managers Strand Capital have been in Special Administration for some time now, and now the administrators have put Strand’s professional indemnity insurer ‘on notice’ to pay claims.

Welcome News For Strand Investors

The news could be just what some Strand clients are hoping to hear, as more details about the collapse become apparent, including a lack of full client records, and £8.5m of funds not under Strand’s full control.

Also revealed was that client holdings for “previously unknown clients” were discovered, made up of 37.509.586 units in Menasat Gulf Group Holdings, apparently a weapons manufacturer.

What About Missing OWG Bond Payments?

Some clients are still expecting large amounts of money over the OWG bond, for which payments have been delayed because of a dispute between Strand and Optima World-Wide Group – the owner of Strand since 2014.

Quoted in Citywire on the matter, the administrators said that “the records and information provided […] indicate OWG’s liability has not been settled”.

Despite “demand being issued on OWG”, no subsequent coupon payments for July and December 2017 have been made.

Strand Capital Claims

Many people invested in Strand Capital as part of a transfer to a SIPP pension.

If your money has been lost or put at risk by a transfer to Strand, you can check to see if you can make a claim with our specialist claims handlers at Spencer Churchill Claims Advice.

We offer anybody with a SIPP a free initial claims assessment to test for signs of mis-selling, either by your financial adviser or because of negligence on any other part.

Don’t worry, there’s no obligation to make your claim with Spencer Churchill Claims Advice – just ring up for a chat on 01204 929929.


Alex Waters
25 June 2018
Share this post:
No Upfront Fees

Let’s Rewrite Your Financial Story

We are here to rewrite the book for you. 
And luckily we are pretty damn good at creating happy endings.

Money Hands

We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.


When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.


We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.

Speak to an expert today

We have decades of experience in helping people claim back money that is rightfully theirs. Whether you want to make a mis-sold pension claim, have questions about a mis-sold investment, or you’re just looking for some advice you can trust – we’ve got you covered. Reach out to our team today for a no-obligation, completely free chat. 

Call: 01204929929

Office Hours:

Monday: 8:00am–6:00pm
Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed

This field is for validation purposes and should be left unchanged.