The Financial Services Compensation Scheme (FSCS) has confirmed it has completed part of its investigation into failed firm Equity For Growth (Securities) Ltd and that some customers may be eligible for compensation over a range of high-risk bonds and loan notes.
What’s happened
Equity For Growth (Securities) Limited (FRN 475953) was a corporate finance firm, directly authorised since May 2008, whose activities included approving financial promotions for companies raising money through high-risk bonds and mini-bonds. On 25 March 2026, following a winding-up petition from the Financial Conduct Authority (FCA), the court ordered the firm to be wound up.
On 26 June 2026, the FSCS published an update confirming it had completed part of its investigation into investments arranged by the firm and its appointed representatives. The FSCS says some customers may be eligible for compensation, with each claim considered individually under the rules set for it by the FCA.
The investments under review
The completed part of the investigation covers investments into:
- Magna MIX(including Magna MIX, MIX2, MIX3 and MIXG);
- Sutter Capital Limited;
- Green Life Buildings;
- Renewable Energy Waste Solutions;
- New Coal Solutions PLC;
- Asset Life; and
- Allansons LLP.
Many people were introduced to these products through the firm’s appointed representatives, which over the years included Osborne Baldwin Ltd (trading as Hunter Jones) and Amyma Limited. The investments were typically high-risk and illiquid, and were often held inside a SIPP or ISA.
What it means if you invested
If you put money into any of the investments above on the strength of the firm’s involvement, you may be able to claim. The FSCS has been clear, though, that this is an ongoing process: it is still investigating other investments linked to the firm. The assessment team will contact customers as soon as they are able to begin reviewing claims, and cannot yet confirm exactly when any individual claim will be processed.
For investment claims, the FSCS can pay up to £85,000 per eligible person, per failed firm, based on the loss you suffered.
Mixed claims will be held together. The FSCS has said that if your claim includes one of the named investments and other investments that aren’t yet on the list, it will hold the claim until they can all be considered together. Registering now means your position is captured even while the wider investigation continues.
How to claim
You can claim with the FSCS yourself, free of charge, and keep 100% of any compensation — and the FSCS will never ask you for an upfront fee. If you’d prefer expert help gathering the paperwork and evidencing your loss, our team can manage the whole process for you on a no win, no fee basis. Start with our dedicated Equity For Growth (Securities) claims page.
