Compensation
Investors seek government intervention on mini-bonds
They have started a petition to get the products regulated and victims compensated
Momentum ordered to compensate Continental Wealth clients
55 complainants had substantial investments in structured notes
UK lifeboat scheme gives 18,000 investors access to money
After a collapsed wealth firm’s client book was transferred to a nominated broker
Wealth firm sets aside £2.1m to pay for rogue adviser fraud
Several victims already approached the company with claims after losing £4.5m
UK lifeboat scheme pays out over £5m to mini-bond victims
But process will take longer than expected as it recouped additional evidence