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Arch cru

Your profession

Circle of trust: Can IFAs rescue financial services' reputation?

CIRCLE OF TRUST

clock 12 December 2013 •

Adviser tips

Arch Cru: Why advisers should check their PII policy small print

ARCH CRU

clock 12 December 2013 •

Investment

Arch trial postponed: The story from both sides

The trial of Arch Financial Products and its chief executive Robin Farrell has been postponed.

clock 11 December 2013 •

Investment

Arch trial: Fund manager fiercely denies 'firesale' of portfolios

Arch Cru's new fund manager John Davey heavily contested that there was a 'fire sale' of Guernsey cells' portfolios that could have lost investors money following his firm's takeover of the fund management mandate in 2009.

clock 27 November 2013 •

Investment

'Despicable allegations': Farrell & Addison start Arch Cru case defence

Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have fiercely contested allegations of greed and dishonesty in relation to investments made by the Arch Cru funds.

clock 25 November 2013 •

Investment

Arch accused of taking '£3m in fees' for 'nil-value investment'

Arch Financial Products has been accused of taking £3m in fees for a deal involving the Arch Cru funds which "was valued at nil", the High Court heard today.

clock 21 November 2013 •

Investment

High court approves Arch Cru investors' £16m claim against Capita

The High Court has given the go ahead to around 550 investors to pursue Capita over losses they incurred when Arch Cru collapsed.

clock 06 November 2013 •

Regulation

FCA writes to advised Arch Cru clients over low redress opt-ins

The Financial Conduct Authority (FCA) is writing to clients of advisers who reported a below average opt-in rate for its Arch Cru redress scheme - to ask if they believe they had been properly informed.

clock 30 October 2013 •

Your profession

FOS rejects just one claim against Arch Cru advice

The Financial Ombudsman Service (FOS) has rejected only one claim at decision stage against advice to invest in Arch Cru, since it has started publishing complaints decisions in April.

clock 09 October 2013 •

Regulation

IFA pushed into administration over £1.5m Arch Cru liabilities

IFA Willow Financial has been forced into administration over £1.5m in liabilities relating to its Arch Cru advice - but has been bought back by some of its former partners at a knock-down price, and they won't be footing the bill for claims.

clock 07 October 2013 •
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