What has happened to Equity For Growth (Securities)?
Equity For Growth (Securities) Limited (EFG) was a corporate finance firm, directly authorised by the Financial Conduct Authority (FCA) since May 2008. Among other activities, the firm approved financial promotions for companies raising money from the public through high-risk bonds and loan notes, including mini-bonds.
On 25 March 2026, following a winding-up petition brought by the FCA, the court ordered that EFG be wound up. Because the firm has failed, the FSCS is the route to compensation for eligible customers. On 26 June 2026 the FSCS confirmed it had completed part of its investigation and that some customers may be eligible for compensation — each claim to be assessed individually under the rules set for the FSCS by the FCA.
Which investments are involved?
The part of the FSCS investigation completed so far covers investments arranged by EFG and its appointed representatives 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;
- Allansons LLP.
Many investors 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. Investments of this kind were often held inside a self-invested personal pension (SIPP) or ISA.
The FSCS is still investigating other investments. If your claim includes one of the investments listed above and other investments that are not yet listed, the FSCS has said it will hold your claim so they can be considered together. It is still worth registering your position now so nothing is missed.
Why you may be able to claim
When a regulated firm is involved in the promotion or arrangement of unsuitable, high-risk investments and then fails, the FSCS can step in and pay compensation in its place. You may have a claim if you:
- Invested in any of the bonds or loan notes listed above on the strength of the firm’s involvement;
- Were moved into a SIPP specifically to hold these high-risk investments;
- Were not properly warned about the risks, illiquidity, or the chance of losing your whole investment;
- Were a typical retail investor for whom these products were never suitable.
How much compensation could you receive?
For investment claims, the FSCS can pay up to £85,000 per eligible person, per failed firm. The actual award reflects the loss you suffered. Use our redress calculator for an indication of what a claim could be worth.
How to claim against Equity For Growth (Securities)
- Check your eligibility.Tell us briefly what you invested in — start here or request a call back.
- Free consultation.A case manager (not a call centre) will give you an honest view on whether you have grounds to claim.
- We build your case.We gather your investment paperwork and evidence the loss you suffered.
- We submit your FSCS claimand see it through, checking you receive the correct amount.
Watch out for scams
The FSCS will never charge you to make a claim and never asks for an upfront fee. Failed-firm cases like this one often attract cold-callers and copycat websites. If anyone contacts you out of the blue asking for money or your pension details, stop and check before sharing anything.
