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Editor’s Column: Has the compensation genie been unleashed?

The rules of financial regulation were effectively torn up and rewritten this week after the Government stepped in and launched a £120m compensation fund for victims of the London Capital & Finance collapse.

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FCA apologises for failings on LCF and Connaught

The Financial Conduct Authority has apologised for its handing of the collapse of London Capital & Finance (LCF) and the Connaught Income Fund Series 1 and has set out its approach to assessing related complaints.

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Govt announces £120m LCF compensation scheme

Treasury minister John Glen today announced a £120m government-backed compensation scheme for LCF mini-bond victims which will pay up to 80% of losses up to a maximum of £68,000.

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Court blow for LCF mini-bond victims

London Capital & Finance (LCF) mini-bond victims hoping for compensation have been dealt a blow by a court judgment.

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