DFL012 H********* Quay, Liverpool DEFAULT (Partial Recovery

Seems a bit harsh on Sir Davos.

Perhaps someone might be kind enough to remind me/us how much (%) of my four figure "investment" I'm likely to get back in October based on best estimates for fees etc ?

But is your pint glass half full or half empty?

Bearing in mind that you foolishly? unwittingly? naively? invested your hard earned cash in an investment orchestrated by a platform which seems to have behaved without a good grounding in business ethics, immorally, cunningly,  unsupervised meaningfully by Regulators in an immature business environment attracting amongst others chancers, the heavily indebted and other such.  How much do you expect to recover?   Perhaps zero would be a good starting point?

It was not the intention to blame investors.  On the contrary any but the very knowledgeable were let down essentially by a complacent legislature who were content to sit on the sidelines whilst inappropriate promises of relatively safe investments were made by the platforms.  The only red flag  was the caveat that money was at risk. Traditional savings institutions  meanwhile continue to disincentivise savers by derisory returns induced by the current macro-economic environment.   My hope is that anyone thinking of investing via p to p takes a long hard look at what is on offer before committing.  

I can't imagine that much compensation will be forthcoming.  There is too much wriggle room and the main perpetrators have already disappeared.  The odd desultory court case will grind on and in 10 years time some pittance will be paid out.  Once the administrators have completed the bulk of their work to all intents and purposes that will be the end of it.   In due course the FCA will publish a report in which they will conclude  that a repeat of what went on is unlikely as from 12/2019 new rules are coming in to give further protections to investors.  That is my sanguine view.

Interim payment due on Monday.