Organic Investment Management Ltd

13 Nov, 2019

Claims made against Organic Investment Management Ltd have now all been moved to our claims processing teams for assessment. Decisions on these claims will be sent out shortly.

As we outlined in our previous update, we’re aware that FCA authorised advisers may have recommended customers invest with Organic Investment Management Ltd. Or they may have recommended transferring existing pensions or investments through a self-invested personal pension (SIPP). 

If this applies to you and the adviser is still trading, you need to complain to that adviser. If the adviser rejects the complaint, you can take your complaint to the Financial Ombudsman Service (FOS). After adjudication from the FOS, you can make a claim with us.

If, however, the advice came from an FCA authorised adviser that’s now not trading, you should firstly submit a claim to FSCS against the financial adviser.

If you think you’ve got a claim, click the ‘Check you can claim’ button to start the process.

22 Oct, 2019

In November, claims against Organic Investment Management Ltd will be passed to our claims processing team for assessment. This is because we’ve concluded that Organic Investment Management Ltd may owe a civil liability to its customers – in other words, that there’s the potential the firm could be sued in court.

We’re currently finalising our approach to how we’ll deal with these claims, as each claim will need to be considered individually to see if compensation is due.

To consider claims against a failed firm, we’ve got to be sure that customers have first tried every approach to claim against any connected firm that's still trading, and have been unsuccessful.

We’re aware that FCA authorised advisers may have recommended customers invest with Organic Investment Management Ltd. Or they may have recommended transferring existing pensions or investments through a self-invested personal pension (SIPP).  

If this applies to you and the adviser is still trading, you need to complain to that adviser.  If the adviser rejects the complaint, you can take your complaint to the Financial Ombudsman Service (FOS). 

If, however, the advice came from an FCA authorised adviser that’s now not trading, you should firstly submit a claim to FSCS against the financial adviser.

FSCS considers different factors when calculating losses on pension advice (a claim against financial advisers) compared to discretionary fund manager investments (a claim against discretionary fund managers, in this case Organic Investment Management Ltd).

This means you may be eligible to receive more compensation for any losses by claiming against your financial adviser, compared to making a claim against your discretionary fund manager.

If you think you’ve got a claim, click the 'Check you can claim' button to start the process.

06 Sep, 2019

FSCS is accepting claims against Organic Investment Management Ltd.

However, claims have not yet been passed to our claims teams for assessment.

Firstly we need to establish whether there are protected claims against this firm. For this to happen we need to know that the discretionary fund manager owes a civil liability to customers that would enable them to be sued in court.

FSCS has been working with the regulator (the FCA) and other parties in order to get firm records and other documents that will help us to reach a view on whether there are valid claims.