FSCS postpones Rockingham decision until September

FSCS postpones Rockingham decision until September
by William Robins on Jul 31, 2013 at 14:33 | New Model Adviser

The Financial Services Compensation Scheme (FSCS) has told former Rockingham Retirement clients they will have to wait another two months to find out whether it will reverse its decision to refuse compensation in relation to the collapsed ARM life settlement fund.

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Bob’s Weekly Update

Dear Bondholders,

The Calm?

A temporary change of heading this week.
My expectations of a storm of activity being imminent has become rather like the TV weather teams predictions of lightening storms and floods that would follow our ‘heat wave’. I’m sure they happened somewhere, just not where I live.

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Bob’s Weekly Update

Dear Bondholders,

The Calm before the Storm?-Week Three
From little Acorns?
A few weeks back, in BWU No 36, I drew to readers attention a weighty tome entitled “Empirical Investigation of Life Settlements: The Secondary Market for Life Insurance Policies” which made a very convincing case for SLS investment, from the points of view of policy holders, policy buyers, Investors and the tax man.

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Commission de Surveillance du Secteur Financier

PRESS RELEASE 13/30

 ARM ASSET BACKED SECURITIES S.A.
The Commission de Surveillance du Secteur Financier (“CSSF”) herewith comments on recent press coverage referring to a meeting which the Board of Directors of ARM Asset Backed Securities S.A. (“ARM”) allegedly is requesting with the CSSF in order to discuss an effective strategy for moving forward.

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Bob’s Weekly Update

Dear Bondholders,

The Calm before the Storm?-Week Two
Two weeks ago in BWU No 37, I hinted that an RNS would be with us soon.  Subsequent events have made what I wrote a ‘false prophesy’, for as I wrote last Friday, we are currently in a fast moving situation on several fronts simultaneously, so events overtake the intended RNSs and render them history before they are issued. I suspect that when one finally comes it will prove to have been worth the wait.

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Bob’s Weekly Update

Dear Bondholders,

The Calm before the Storm?
This going to be a fairly short Update this week as I have little that is concrete to inform you all with. Although this might seem disappointing at first reading, it is in fact, positive where progress is concerned. We are currently in a fast moving situation on several fronts simultaneously, and I await developments that I can report.

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