Wow: Blackmores 8.50% interest rate ????

CASHMORE

:shocked :question :question:
Wow, Blackmores offering 8.50% on a .....
Fixed Rate Bond
Open With
£5,000

My question is, has anyone opened with Blackmores ? Is it legitimate ? I have not heard of Blackmores

TheShape

Have you read the section under the 'Risk' heading (just to the right of 'Contact Us') on their website?

(I haven't invested anything with Blackmore)

A_T

Claims "income certainty". A play on words I suppose - "some" income is certain just not how much

ColdIron

Yes it is legitimate but it is not a cash savings account if that's what you thought it was. Read the Risks page as suggested by TheShape

Subscribers will not be able to claim under the Financial Services Compensation Scheme established by the Financial Conduct Authority in the event that the Company fails.

gggareth

I was looking at this today & thought to good to be true.

When is a Fixed Rate bond not a fixed rate bond...

GG

gggareth

I was looking at this today & thought to good to be true.

When is a Fixed Rate bond not a fixed rate bond...

https://amiowealth.com/invest/bonds/?k=government&q=ga&gclid=CjwKCAjw7frPBRBVEiwAuDf_Lb81cf25TAPYDPgGTd4q1fDkNU215oMXDVkF3gYPSQmIQyslTm6lohoCj30QAvD_BwE


Government backed Bond.

*Capital at Risk. These bonds are not backed by the UK Government.

GG

le_loup

Here we go again.
Wait for a defender of this "opportunity" then the critic of the defender gets his legs cut off.

bigadaj

The fca and the Asa need to get a grip on this, these high risk investments are being advertised every week in the press to people who think they are bank accounts.

This is cropping up far too regularly to be an isolated or special case, and to be honest it would be something far more worthy of the holy martins time than several of his other hobby horses, certainly the waspi campaign and probably several others.

A_T

But it says "income certainty"!

antrobus

bigadaj wrote: »

The fca and the Asa need to get a grip on this, these high risk investments are being advertised every week in the press to people who think they are bank accounts.

This is cropping up far too regularly to be an isolated or special case, and to be honest it would be something far more worthy of the holy martins time than several of his other hobby horses, certainly the waspi campaign and probably several others.

This website has been approved as a financial promotion in accordance with section 21 of the Financial Services and Markets Act 2000 (‘FSMA’) pursuant to section 21 of the FSMA for United Kingdom publication by NCM Fund Services Ltd, 7 Melville Crescent, Edinburgh, EH3 7JA (FCA number 183732) (‘NCM’). Any investment into Blackmore Bond plc can only be undertaken having completed the full application process within this site and fully read the Information Memorandum. The application process includes confirmation that the potential investor is suitable to receive such a promotion.

Neither NCM nor Blackmore Bond plc offer financial advice. If you are in any doubt as to the suitability of this investment, or do not fully understand the terms of this website or of the Information Memorandum, please consult a financial advisor who is regulated by the Financial Conduct Authority and is authorised pursuant to the Financial Services and Markets Act 2000.

The Bonds are designed to offer investors the maximum security for their investment. However, it is important to understand that all investments involve risk. In this website you will find a section dedicated to the risk factors, please read to ensure you fully understand the risks involved. Capital at Risk. Past returns offer no indication of future results. The bonds are Illiquid and non-transferable.

https://www.blackmorebonds.co.uk/

What else do you want?

alanq

gggareth wrote: »

Government backed Bond.

What it actually says is "government backed market".

Not the same thing. e.g. If the government backs wind farms by guaranteeing a price for the electricity generated that does not mean that it will underwrite any losses an investor makes in an unsuccessful wind farm project.