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.
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.
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....
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.
Questions have been raised over pension provider Rockingham Group Plc, after a first strike-off notice from Companies House was posted in January.
A British man has been arrested in Australia accused of faking his own death so his wife could claim life insurance.
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.
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.
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.
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.