FSCS to start compensating LCF investors this month
Some received 'misleading advice'
"We are now in a position to look at individual claims and will start to issue decisions on those claims this month" - FSCS's Caroline Rainbird.
The FSCS will start issuing decisions on London Capital and Finance (LCF) claims relating to misleading advice given to investors before the end of the month.
After analysing nearly one million pieces of information, the lifeboat scheme said it has started reviewing the individual LCF claims on a case-by-case basis. The Financial Services Compensation Scheme...
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