Motley Arch cru

When the compulsory begging bowl went around the industry to compensate Keydata investors, the industry was rightly indignant.

No-one signed up for the scheme in expectation of having to pay out so much for a business largely unrelated to what they do. I have some sympathy, but I find it hard to understand why someone would have done business with Keydata. What did it offer, that only it could deliver in the first place? Exposure to life settlements? You can get that directly and at a better standard from groups like EEA or MLS. Why would you want to wrap it in another structure and add some form of guarantee around it? Buying a life settlement is no different from buying a FTSE 100-structured investment ...