FTSE 100 listed firm Capita has reached an out of court settlement with investors in failed fund range Arch cru, bringing the case to a close after a three year battle.
A group of around 1,000 investors argued Capita Financial Managers, part of the Capita Group, had failed in its oversight of the Arch cru funds and contributed to the collapse of the £350m investment almost...
IA sectors – help or hindrance?
Despite multiple complaints
Annuity market worth £4bn in 2017
For ‘distress’ caused
Oversees £30bn of advised and D2C assets