The FSCS is to start considering compensation claims for Lehman-backed structured products sold by NDFA, Defined Returns Limited and Arc Capital and Income, saying the products may have been mis-sold.
However, compensation will only initially be available for investors in ‘Capital Secure' products which claimed to offer protection on the initial investment. The investments identified as Capital Secure include: • NDF - Capital Secure Fixed Growth Plan March 2008 • NDF - Capital Secure Fixed Growth Plan April 2008 • NDF - Capital Secure Fixed Growth Plan June 2008 • DRL - Enhanced Returns Plan Issue 1 • DRL - Enhanced Returns Plan Issue 2 • DRL - Enhanced Returns Plan Issue 3 • DRL - Enhanced Returns Plan Issue 4 • DRL - Enhanced Emerging Markets Plan Issue 1 • DRL - Enhanced...
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