Posted: Dec 11, 2019
The Financial Conduct Authority has announced a temporary ban on the promotion of most ‘mini-bonds’.
Have you ever been tempted by those advertisements offering 8%+ yields on property-backed bonds?
If you have, then you’ve probably been looking at a promotion for ‘mini-bonds’. These investments are not always what they seem and have already resulted in losses for investors, notably in the case of the failure of London Capital Finance (LCF) at the start of 2019.