Unregulated collective investment schemes

A collective investment scheme is an investment fund towards which several investors collectively contribute. If such a scheme is regulated, it is authorised or recognised by the Financial Conduct Authority (FCA).


The distinction between regulated and unregulated schemes is important because unregulated schemes do not have the same investor protections as a regulated schemes such as investor recourse to the Financial Ombudsman Service or the Financial Services Compensation Scheme.


In recent years there has been an explosion of alternative, high risk and illiquid UCIS investments into the market. 


While these investments may be appropriate for a small number of highly sophisticated investors they are simply not suitable for the average investor.


There have been several widespread examples of clients losing significant sums of money by investing in unsuitable UCIS investments.  Often the potential returns of an investment had been emphasised and the true level of risk obscured.  


At Cripps, we have a market leading, specialist financial services professional negligence team dedicated to assisting businesses and individuals who have suffered loss as a consequence of being mis-sold inappropriate investment products or through the mismanagement of an investment portfolio.


Our solicitors have an in-depth knowledge of the regulatory background and the legal dispute resolution expertise to obtain swift redress.


To receive a free, no obligation consultation please call us on 01892 765 453 or fill in our enquiry form and we will get back to you.