Aberdeen Asset Management insists it will push ahead with a compensation scheme for investors in the...
Aberdeen Asset Management insists it will push ahead with a compensation scheme for investors in the Progressive Growth Unit Trust, according to the Scotsman newspaper. The scheme could see investors who suffered from the split capital trust debacle getting their capital returned within three years. The assurance came after press speculation that the company had abandoned the rescue plan because of concerns about its cost and that it might be forced by the regulators to pay compensation to holders in trusts that have collapsed.
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