Another week, another too-good-to-be-true investment scheme collapses. Once again, so-called ‘mini-bonds’, supposedly based on rock-solid property investments offering ‘attractive, guaranteed returns’. These things are unregulated, so shouldn’t qualify for compensation. But because some advisers became involved in the last scandal, London and Capital, the rest of us had to fork out to fund compensation. And here we go again.
“Platforms call for UK government to resist launching ‘retrograde’ British ISAs”
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.