Sign in
- Personalise your on site experience
  
  Download and use the apps
  
  Access your subscription from outside of the office
  
  Get relevant news and insight straight to your inbox
  
  Sign in
Follow us
- Twitter
- LinkedIn
- Newsletters
- YouTube
Register
Events
- Upcoming events
  Sustainable & ESG Investment Conference 2019
  
  The Sustainable & ESG Investment Conference returns on Friday 22nd November 2019.
  
  Date: 22 Nov 2019
  
  The Waldorf Hilton, Aldwych, London WC2B 4DD, London
  
  Sustainable & ESG Investment Awards 2019
  
  Now in their twelfth year, the Sustainable & ESG Investment Awards in association with Guernsey Green Finance offer an opportunity to showcase expertise and commitment to investment factors that take into account environmental, social and ethical criteria as well as good corporate behaviour.
  
  Date: 22 Nov 2019
  
  The Waldorf Hilton Aldwych, London WC2B 4DD, London
  Women in Investment Awards 2019
  
  Investment Week is delighted to announce our Women in Investment Awards 2019, in partnership with HSBC Global Asset Management, will take place on 27th November in London. Nominations now open!
  
  Date: 27 Nov 2019
  
  Finsbury Square, London EC2, London
  
  Investment Marketing Leaders Conference
  
  Investment Week is launching the Investment Marketing Leaders Conference. This conference will aim to bring together the top decision makers from asset management firms, advisory firms and investment banks to share their own experiences, discuss future strategies and workshop practical solutions.
  
  Date: 29 Nov 2019
  
  Sofitel St James 6 Waterloo Place London SW1Y 4AN , London
  View all events
  Follow our events
  
  Sign up to receive email alerts about our events
  
  Sign up
Whitepapers
- Find whitepapers
  
  Search by title or subject area
  
  View all whitepapers
Industry blogs
Multi-Asset Review

Former Arck bosses received £4m from failed scheme 'without explanation'

Laura Miller
@citizenlaura
05 November 2013

Tweet
Facebook
LinkedIn
Send to

The ex-directors of failed unregulated collective investment scheme (UCIS) Arck received in excess of £4m from the business before it collapsed, according to a liquidator's report.

Arck was a UK based investment vehicle that was set up to develop and sell overseas based properties. The liquidator's report states that sums in excess of £63m passed through the business' main account....

To read this story please register

PA is dedicated to championing professional advisers. It helps you build your business, service clients and generate sustainable income.

PA offers:

REAL-TIME NEWS & ANALYSIS: find out what’s happening in the profession right now and why
MULTI-ASSET: discover the latest trends in multi-asset
FUTURE OF ADVICE: helping you shape your strategy with the latest expert opinion and case studies
TECHNOLOGY: learn about the latest solutions, with case studies and the views of experts such as Adam Higgs

“This is understandably frustrating for customers and we are doing everything we can to speed up the process for them but obviously we are only one of the parties involved" - AJ Bell spokesperson.

Hargreaves Lansdown denies transfer backlog for all clients following Woodford saga

Investment
22 November 2019

Franklin Templeton names Jennifer Johnson as new CEO

Investment
22 November 2019

Chris Jones: The importance of financial advice and identifying risk

Investment
22 November 2019

Brooks Macdonald snaps up Cornelian AM for £39m

Brooks Macdonald has bought Edinburgh-based wealth and asset manager Cornelian Asset Managers for a fee of up to £39m.

Investment
22 November 2019

Joint CEO of Investec and founder of the asset manager Hendrik du Toit.

Investec AM reveals plans to rebrand as Ninety One ahead of group demerger

Demerger expected to complete in Q1 2020

Investment
19 November 2019

Sign In

To read this story please register