Equity for Growth (Securities) Limited enters liquidation

News stories First published:

26/03/2026

Last updated: 26/03/2026
On 25 March 2026, following a petition filed by the FCA, the High Court ordered that Equity for Growth (Securities) Limited (EFG) be wound up.

On this page

• Why did the FCA petition to put the firm in liquidation?
• Information for affected consumers

EFG is a corporate finance firm. EFG was also a principal for a number of appointed representatives between 2015 and 2020, including Amyma Ltd and Osborne Baldwin Ltd, which traded as Hunter Jones.

An appointed representative carries on regulated activity under the responsibility of an authorised firm, known as 'the principal'. Find more information on the relationship between principals and appointed representatives.

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Why did the FCA petition to put the firm in liquidation?

EFG had received a large number of complaints from investors, which were referred to the Financial Ombudsman Service. These included claims in relation to mini bonds issued by unauthorised companies and promoted by EFG’s appointed representatives, Amyma Ltd and Hunter Jones.

We considered that EFG was insolvent and did not have appropriate resources in relation to the Financial Ombudsman claims. This meant it could not pay any compensation consumers may have been owed. We therefore filed a petition on 18 October 2024 for EFG to be wound up so that claims could be assessed by the Financial Services Compensation Scheme (FSCS). The Court has now made a winding-up order. On the same date as the petition, we placed restrictions on the firm to prevent it from conducting regulated activities. Find more details about the restrictions.

Find out why we took this action in our supervisory notice (PDF).

We provide more information below to answer queries you may have, including how to protect yourself from scams.

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Information for affected consumers

Who will carry out the liquidation?

The process of winding up the firm and liquidating any assets will be carried out by the Official Receiver, which is part of the Insolvency Service. Investors should not need to contact the Official Receiver, but should you wish to contact them, their switchboard number is 0300 678 0016.

What is the Financial Services Compensation Scheme (FSCS) and will it cover any losses?

The Financial Services Compensation Scheme (FSCS) protects consumers when financial services firms fail. It is the compensation scheme for investors of UK authorised financial services firms and has eligibility criteria about who is covered. The FSCS is operationally independent of the FCA.

Find out more about what the FSCS covers and compensation limits.

The FSCS is now open to customer claims. The FSCS is investigating the firm to determine whether claims meet the qualifying conditions for compensation. Affected investors, including investors whose outstanding cases at the Financial Ombudsman were closed pending the outcome of the petition, should refer to the FSCS’s dedicated EFG page.

Further information can be found on the FSCS website, or you can call them on 0800 678 1100  or use the FSCS contact form.

I have a claim for compensation at the Financial Ombudsman which was closed pending the outcome of the petition. What will happen to it?

Investors whose cases were closed by the Financial Ombudsman pending the outcome of the petition should now contact the FSCS using the contact details above to make a claim.

The information you have already submitted to the Financial Ombudsman in support of your claim will be shared with the FSCS and there is no need for you to provide it again. The Financial Ombudsman may contact you to request your permission to transfer your file to the FSCS.

You can also contact the Financial Ombudsman by consulting their website or calling their helpline on 0800 023 4567.

I haven’t made a claim for compensation at the Financial Ombudsman but think I have a claim in relation to EFG or EFG’s appointed representatives. Can I make a claim to the FSCS?

The FSCS is now open to customer claims. The FSCS is investigating the firm to determine whether claims meet the qualifying conditions for compensation.

Affected investors should refer to the FSCS’s dedicated EFG page.

Do I need to use a claims management company?

A claims management company (CMC) may approach you offering to help you bring a claim. You should proceed with caution if you are approached by a CMC.

For the vast majority of clients, there is no benefit in involving a third party in a claim.

If you use a CMC to assist you, the CMC is likely to seek a fee which may reduce what you get back.

Be alert to scams

All investors should remain alert to the possibility of fraud.

If you get an unexpected call from someone claiming to be from the firm, the Official Receiver, the Financial Ombudsman or the FSCS, please:

• end the call
• call the Official Receiver on 0300 678 0016 Find out how to protect yourself from the most common types of scams, including investment and pension scams.

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On this page

• Why did the FCA petition to put the firm in liquidation?
• Information for affected consumers