Investors seek government intervention on mini-bonds
They have started a petition to get the products regulated and victims compensated
Compensation
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Momentum ordered to compensate Continental Wealth clients
55 complainants had substantial investments in structured notes
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UK lifeboat scheme gives 18,000 investors access to money
After a collapsed wealth firm’s client book was transferred to a nominated broker
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Wealth firm sets aside £2.1m to pay for rogue adviser fraud
Several victims already approached the company with claims after losing £4.5m
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UK lifeboat scheme pays out over £5m to mini-bond victims
But process will take longer than expected as it recouped additional evidence
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UK Sipp firm goes bust
But eligibility over compensation may be decided in the High Court
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UK lifeboat scheme to reopen offshore property cases
And pay additional compensation to those who have received payments of less than £85,000
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FSCS pays out £6m over offshore property assets
Financial advice firm linked to British Steel scandal was involved along with 18 others
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Generali to pay CHF245m in compensation over M&A deal
Sold Swiss private bank was shut down in Singapore but insurer denies any liability or wrongdoing
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£100m hike in UK lifeboat scheme levy
Estimated £44m will be used just to compensate mini-bonds victims
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European investment app closes
Just a year after it was rolled out
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UK lifeboat scheme to issue decisions on mini-bond claims
Only around 150 victims have been granted compensation so far