Arch cru investors have been told they must continue to wait to get back what value there is left in the failed fund range, as the liquidation process looks set to drag on beyond this year.
Current very low volatility levels are masking true investment risk but stochastic models can assist advisers
The liquidated Connaught fund is to sue its former authorised corporate directors on behalf of a group of investors, investment platforms and the trustee of a unit trust.
Dividends paid out by UK companies this year are expected to undershoot previous estimates as the impact of the strong pound hammers payouts, Capita's latest Dividend Monitor has warned.
Capita's administration arm has written to a number of Arch Cru investors asking them to return money from the redress scheme, after the payouts breached tax rules.
Prudential has appointed Capita Financial Managers as authorised corporate director (ACD) for seven Prudential open ended investment company (OEIC) funds, holding the assets of 2,000 UK clients.
Investors in the failed Arch Cru fund range have so far received £11.8m in redress as a result of the Financial Conduct Authority's (FCA) industry-wide review into the debacle.
How the platform price war is affecting advisers
James Hay Partnership is to take on Capita's self-invested personal pension (SIPP) book, subject to agreement with each holder.
The upper tribunal hearing of Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison in relation to regulatory action taken against them by the Financial Services Authority (FSA), starts today.