Scammers continue to target mini-bond victims
Lifeboat scheme has urged them to be ‘very wary’
FSCS
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Two more advice firms linked to British Steel bite the dust
As FCA ban on asset disposal comes into force
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Wealth firm that issued mini-bonds enters administration
Around 40 clients invested roughly £4m in the absolute return forex bond
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Five UK firms go out of business
Three of which provided financial advice services
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British Steel advice firm fails
UK lifeboat scheme has received two claims against the business
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Another Sipp operator enters liquidation
After it was unable to pay redress following final decisions issued by the Financial Ombudsman Service
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Yet another British Steel IFA firm collapses
Lifeboat scheme is urging eligible clients to claim compensation
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12 UK firms go out of business
Eight of which provided financial advice and wealth management services
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UK regulators join forces to improve outcomes for consumers
It is a ‘significant step forward’ for the industry
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British Steel advice firm fails
UK lifeboat scheme has already received 17 claims against the company
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Mini-bond victims targeted by scammers again
Bogus email claims to be from a director of the defunct investment firm
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UK lifeboat scheme proposes £5m increase to 2022/23 budget
Due to rise in complex claims which will require additional time, resource and skilled expertise to process