Pension investors in the failed Connaught Series 1 fund are being urged to take part in a TV programme to highlight their plight.
Connaught entered administration in September after the collapse of its Income Series 1,2 and 3 unregulated collective investment schemes (UCIS), which invested in bridging loan finance. The Connaught Action Group, which represents shareholders invested in about half the value of the £118m Series 1 fund, has emailed its members urging them to appear on a programme which the group has not named but which IFAonline understands is BBC's Panorama. IFAonline revealed last month that BBC's Panorama programme is investigating the use of UCIS - like the Connaught funds - in self-invested pers...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
