Mini-Bonds: Can You Get Your Money Back?

With just a handful of investors likely to get their money back after the collapse of mini-bond firm LC&F, savers must know how to avoid inappropriate investments

James Gard 9 January, 2020 | 2:29PM

Money

The slim hopes of investors in failed mini-bond firm London Capital & Finance (LC&F) have been dashed after the Financial Services Compensation Scheme confirmed that only around 1% of bondholders will definitely get some money back.

The FSCS is a lifeboat scheme, aimed at compensating investors who have lost out financially when, say, their bank collapses or they have been missold an investment. But it does not cover every eventuality. 

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About Author

James Gard  is content editor for Morningstar.co.uk

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