EEA bullish ahead of FSA 'death-bond' judgement
EEA plans to reopen its £600m life settlements fund "as soon as possible", once the outcome of an FSA consultation on the sale of traded life policy investments (TPLIs) has been agreed.
The consultation, which closed on 23 January and is expected to be published in mid-March, follows the regulator's labelling of TPLIs as "Ponzi schemes" and "death bonds" in a statement in December...
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