Enter search term: Martin David Painy 28th April 2010 at 9: Wednesday 27 February 2019.
The paper bill rip off: Can I give them the house now to avoid inheritance tax when we die? How time flies when financial scandals are coming at you thick and fast from all angles.
Maguire is being investigated by the FSA, but says it has wronged him and investors and says he will sue it as part of 'my fight for justice for my investors'. Effectively, the cell company structure permitted Arch to put into an Oeic a far higher percentage of illiquid private equity investments and other illiquid investments than the regulations would normally permit.
What of the authorised corporate director, Capita Financial Managers?
Close Why register with Money Marketing? Weather Forecast. Arch said that the fall in the value of the CF Arch Cru funds was no different to that experienced in wider markets in the wake of the financial crisis. Andrew 18th March 2010 at 8: Some top deals now disappear...
Have your say Only registered users can post comments. The Arch Cru scandal originated with marketing firm Cru, founded by controversial financier Jon Maguire.
As many of you know — those who wisely did not advise clients to invest in this fund deception, as well as those who were unfortunately tricked by the marketing hype — it was March 2009 when the Arch Cru balloon went up. We could not have foreseen the crisis.
The existing payment scheme and the redress scheme announced today are intended to provide money to consumers in relation to the roles of different parties, one relating to the management of the funds and the other relating to the sale of the funds. Returns can drop off dramatically under successors, study of 15 top funds reveals Fundsmith and Lindsell Train have both turned Warren Buffett-style strategies into a winner, but is it worth investing in both?
The FSA insists its work is ongoing and does not rule out the possibility that other parties may yet be made to contribute further.