13 February 2014
Arch Financial Products' chief executive Robin Farrell has accused the funds’ new manager of giving misleading statements in court.
27 January 2014
Financial advisers are expected to fork out £31.5m in compensation to clients who invested in the CF Arch cru Investment and Diversified funds (Arch cru) and were found to have received unsuitable advice.
23 January 2014
Arch Financial Products' chief executive Robin Farrell and compliance director Robert Addison have hit back at allegations they lied in court, saying these were false and unfair.
22 January 2014
Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have today been accused of giving inconsistent evidence, lying and distorting the facts during their High Court battle.
18 December 2013
Guy Opperman, Conservative MP for Hexam and secretary of the All Party Parliamentary Group on Arch cru, is "reluctantly" urging his constituents who lost money in the scandal to accept the compensation deal put forward by Capita.
16 December 2013
Investors in the failed Arch cru funds have called for SPL Private Finance to drop its lawsuit against Arch Financial Products and its chief executive Robin Farrell, saying it would "only damage what remains of their investments if unsuccessful".
11 December 2013
The trial of Arch Financial Products and its chief executive Robin Farrell has been postponed until next month.
27 November 2013
Arch Cru's new fund manager John Davey has heavily contested there was a 'fire sale' of Guernsey cells' portfolios that could have lost investors money following his firm's takeover of the investment management mandate in 2009.
25 November 2013
Ex-Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have fiercely contested allegations of greed and dishonesty in relation to investments made by the Arch cru funds.
21 November 2013
Arch Financial Products - headed by chief executive Robin Farrell - has been accused of taking £3m in fees for a deal involving the Arch cru funds which "was valued at nil", the High Court heard today.
31 October 2013
The Financial Conduct Authority (FCA) is writing to clients of advisers who reported a below average opt-in rate for its Arch cru redress scheme - to ask if they believe they had been properly informed.
07 October 2013
IFA Willow Financial has been forced into administration over £1.5m in liabilities relating to its Arch cru advice - but has been bought back by some of its former partners at a knock-down price, and they won't be footing the bill for claims.
26 September 2013
A group of up to 1,000 investors in failed fund range Arch Cru have joined forces to bring a case against the vehicle's authorised corporate director Capita Financial Managers - and have found a top London law firm, favourable counsel's opinion and third party funding to drive their claim into the High Court on a no-win no fee basis.
23 August 2013
The Financial Conduct Authority (FCA) has written to advisers asking them why they failed to comply to its redress scheme rules in reporting back on the number of eligible Arch Cru claimants they had on their books.
19 August 2013
The Financial Services Compensation Scheme (FSCS) has so far compensated 1,700 claimants with a total of £32m in relation to the failed CF Arch cru funds.
Eagle Asset Management’s Ed Cowart, manager of Nordea 1 – North American All Cap fund, says while the American market looks fragile, corporate earnings are steaming ahead.
A resounding victory for Narendra Modi next month could boost the investment market – but in the fickle world of Indian politics, nothing is certain. Hardeep Tawakley looks at the possible outcomes.
UK income sectors have been hit by a string of regulatory interventions. Simon Gergel, manager of the Merchants Trust, highlights the sectors that could be next.
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