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life settlement

Investment

ARM investors 'forced from homes' as settlement stalls

Investors in stricken life settlements fund ARM Asset Backed Securities (ARM) are believed to be considering a class action lawsuit against the firm for the recovery of their assets.

clock 23 March 2012 •

Investment

EEA writes to investors ahead of FSA showdown

Life settlements fund EEA has written to shareholders of the suspended traded life policy investments (TPLI) fund, ahead of an FSA consultation on the asset class.

clock 20 March 2012 •

Offshore Investment

PDL International expands into Middle East and Asia

Life settlements specialist, PDL International is expanding into the Middle East and Asia. Rising levels of wealth due to greater economic growth in these regions is creating demand for alternative investment solutions, according to PDL International....

clock 20 March 2012 •

Investment

EEA bullish ahead of FSA 'death-bond' judgement

EEA plans to reopen its £600m life settlements fund "as soon as possible", once the outcome of an FSA consultation on the sale of traded life policy investments (TPLIs) has been agreed.

clock 27 February 2012 •

uncategorised

Directors exit as Rockingham fails to file accounts

Questions have been raised over pension provider Rockingham Group Plc, after a first strike-off notice from Companies House was posted in January.

clock 01 February 2012 •

Service

Brit arrested in Australia over fake death insurance claim

A British man has been arrested in Australia accused of faking his own death so his wife could claim life insurance.

clock 04 November 2011 •

Life Office

Pensioner who posed as wife to cheat life co imprisoned

A pensioner who faked his own death and posed as his wife to fraudulently claim on his life insurance has been jailed for six years.

clock 30 September 2011 •

Offshore Investment

Traded Policies Fund targets Swiss investors

Managing Partners Limited (MPL)has launched a Swiss Franc share class in its Traded Policies Fund to meet the appetite from Swiss investors for investment vehicles denominated in their domestic currency.

clock 09 September 2011 •

Specialist

ARM assets acquired by life settlement firm Insetco

The assets of troubled 'death bond' issuer ARM Asset Backed Securities (ARM), as well as Catalyst Investment Group, are set to be acquired by life settlement specialist Insetco.

clock 01 September 2011 •

Bonds

'Death bond' issuer refused licence; payments stopped

Luxembourg-based special purpose vehicle ARM Asset Backed Securities - which marketed offshore 'death bonds' to UK investors - has been refused authorisation by its home regulator, meaning all payments have been suspended.

clock 30 August 2011 •
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