More than 600 investors, including a number of IFAs, have lost money in a scheme with foreign-exchange trading firm Capital World Markets (CWM) that is believed to have defrauded people of more than £50m.
The scheme purported to offer a guaranteed 5% monthly return from monies supposedly traded on the foreign exchange market. Following an investigation by law firm Fieldfisher, however, it has been concluded...
'No credible plan' for pension growth
Actively managed multi-currency fund invests in global macro strategies
Existing policies will stay in force but clients informed of new options
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