Arch cru payment scheme deadline extended to end-2013

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The deadline for Arch cru investors to accept payments from a £54m scheme set up by Capita and the funds' depositories has been delayed by 12 months until 31 December 2013.

Originally announced in June 2011, the package is being funded voluntarily by Capita Financial Managers Limited, the authorised corporate director of the CF Arch cru funds, as well depositaries BNY Mellon...

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