Property
Unregulated overseas investment scheme at risk of bankruptcy
FCA, lifeboat scheme and Financial Ombudsman Service publish joint statement
Property investment firms wound up after stealing £2.85m
70 investors were promised returns ranging between 7% and 16.9%
Aegon Property fund resumes trading
Across the insured Life and Pension and retirement choices fund ranges
SJP and Columbia Threadneedle race to re-open property funds
As rival firms keep theirs closed for now, despite using the same independent valuer
DFMs don’t expect property funds to re-open
As liquidity issues remain, despite clarity over valuations
