Mini-bonds
Mini-bond victims take UK lifeboat scheme to court
Around only 1% of them have been awarded compensation so far
Trustee of mini-bond firm ordered to pay £150,000
‘The sight of a trustee clinging to office is unattractive’ the judge told the high court
Mini-bond victim caught in UK regulator data breach
Their personal details were publicly accessible despite not being relevant to the FOI request
Mini-bond victims take legal action against lifeboat scheme
But FSCS denies wrongdoing, stating it has sought legal advice on the ‘complex and sensitive case’
Dearth of DB schemes to hurt retirees
As unsuitable transfers could mean up to £20bn in lost income over five years