Income bond

Options
lobeley
lobeley Posts: 3 Newbie
in ISAs & tax-free savings
Does any one know about renewable energy income bond backed by the government for 20 years. The site is quoting 9% return ! This is being advertised by UK Investment Hub.

Comments

  • masonic
    masonic Posts: 23,279 Forumite
    Photogenic Name Dropper First Post First Anniversary
    Options
    Yes, 100% loss potential, and a sector that's marred by many examples of companies going bust due to falling Government subsidies. 9% is quite a low return for the amount of risk IMHO.
  • lobeley
    lobeley Posts: 3 Newbie
    Options
    Thank you very much we thought there would be a catch.
  • dunstonh
    dunstonh Posts: 116,387 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    edited 2 July 2018 at 7:57PM
    Options
    UK Investment Hub Ltd as in this company appearing on the FCA scams/unlawful activity warning list.

    https://www.fca.org.uk/news/warnings/uk-investment-hub-limited

    Also currently subject to a proposal to strike off at companies house.

    https://beta.companieshouse.gov.uk/company/10543932
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • lobeley
    lobeley Posts: 3 Newbie
    Options
    Thank you very much
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards