The FCA will introduce nine major reforms following publication of the damning Gloster Report into its handling of the £236m collapse of mini-bond provider London Capital & Finance (LCF).

The FCA is to implement a package of reforms after accepting the findings of the long-awaited Gloster Report that it failed to adequately protect the 11,625 investors who lost money due to the £236m collapse of mini-bond provider London Capital & Finance.

The Financial Services Compensation Scheme has launched a campaign to encourage more savers to ask financial advisers and providers more questions about how their money is protected.

A UK court has given the go ahead for a compensation case to be brought by holders of mini-bonds suffering losses from the collapse of London Capital & Finance (LCF).