Asset management 'delegation model will continue' post-Brexit
An expat adviser a couple met when they retired to Spain has trapped their £380,000 pension pot in a collection of high risk problem-laden unregulated investments, leaving them in danger of losing everything.
Investors in suspended traded life policy fund EEA Life Settlements will share £56m in proceeds from the sale of some of its assets, though a shareholder group has voiced concerns the deal strips future value from the fund.
Suspended second hand life policy investment EEA Life Settlements has found a broker with clients interested in buying up investors' trapped holdings - at a discount.
Suspended £400m life settlement fund EEA has revealed possible plans for trapped investors to unlock some of their money - if new investors willing to buy their shares can be found.
An adviser has finally secured the return of £190,000 to his clients after a two year battle over unsuitable advice with one of the world's largest IFAs.
Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.