Compensation
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
UK Sipp firm goes bust
But eligibility over compensation may be decided in the High Court
UK lifeboat scheme to reopen offshore property cases
And pay additional compensation to those who have received payments of less than £85,000