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Lehman Brothers plans from NDFA, DRL, ARC, Meteor

Information for UK savers with Lehman Brothers plans from NDFA, DRL, ARC and Meteor. Self-help investor forum and action group. Join us now!

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Lehman Brothers plans from NDFA, DRL, ARC, Meteor | missoldinvestments.co.uk Reviews

https://missoldinvestments.co.uk

Information for UK savers with Lehman Brothers plans from NDFA, DRL, ARC and Meteor. Self-help investor forum and action group. Join us now!

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1

Can we help? - missold investments

http://missoldinvestments.co.uk/index.php/join-us

Self-help forum for savers with Lehman-backed savings plans. The members’ area of the site was launched in 2008 shortly after Lehman Brothers collapsed. The discussion forum and online library became lively and essential resources for hundreds of UK savers who were affected by the collapse. Anyone with an interest in this matter may get in touch using the form below.

2

counterparty Archives - missold investments

http://missoldinvestments.co.uk/index.php/tag/counterparty

Self-help forum for savers with Lehman-backed savings plans. Ombudsman upholds NDFA structured product advice complaint. Two important points come out of this case: (1) that the IFA had a duty to explain counterparty risk, even if it was also covered in the product brochure; and (2) that the mis-selling concerned the sales process, regardless of the investment outcome: the risks should have been explained. May 9, 2014. Ombudsman declines Lehman structured product complaint. May 2, 2014. June 20, 2013.

3

FCA Archives - missold investments

http://missoldinvestments.co.uk/index.php/tag/fca

Self-help forum for savers with Lehman-backed savings plans. Sesame IFA network fined 6m for advice failings. Sesame, one of the largest and most well-known financial services networks in the UK, has been fined 6m. Advice failings concern the Keydata Secure Income Bond, Secure Income Plan, and Defined Income plan, all types of structured product that used Luxembourg-based Lifemark and SLS as counterparties. These counterparties lost money in US life settlement polices. FT Adviser Opinion 19 June. Martin ...

4

liquidation Archives - missold investments

http://missoldinvestments.co.uk/index.php/tag/lehman-liquidation

Self-help forum for savers with Lehman-backed savings plans. Good news for some Lehman creditors. According to the FT (5 March 2014). The story has since also been reported in The Telegraph. And other news sources. March 5, 2014. ARC Lehman liquidation payments. ARC Bull and Bear 3. ARC Fixed Income 6. ARC Stepped Kickout 5. Some savers have by now recovered their money in full, either by claiming against FSCS which is responsible for paying mis-selling claims against ARC, or by claiming against their IF...

5

ARC Archives - missold investments

http://missoldinvestments.co.uk/index.php/tag/arc

Self-help forum for savers with Lehman-backed savings plans. Ombudsman rules on Reyker/Merchant additional charges case. Now the Ombudsman has ruled in this case (DRN8501891 – Jan 2015) saying that the additional charges were reasonable considering the time and expense incurred in taking over custodianship, and that Reyker communicated and implemented the charges fairly, and in accordance with the terms and conditions agreed to. Accordingly, no compensation has been awarded. March 20, 2015. A Lincolnshir...

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Lehman Brothers plans from NDFA, DRL, ARC, Meteor

Self-help forum for savers with Lehman-backed savings plans. Successful campaign, but FSCS still dealt a crushing blow to vulnerable victims. Unfortunately, the FSCS resorted to the opinion of lawyers, who contended that the FSA investigation had failed to recognise that some plans had, in their opinion, not breached FSA rules, and the FSCS could deny compensation for some plan holders. However, the FSCS were unable to deny compensation for all plans and paid around 25 million in compensation. Some uncom...

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4 Oct 2010: This forum has moved!

4 Oct 2010: This forum has moved! Please go to the new discussion forum at www.missoldinvestments.co.uk for the latest discussions and information for people who lost their savings with Lehman-backed structured products from NDFA, DRL, ARC and METEOR. Saturday, 2 October 2010. Why not become a follower? Your Group needs you. Obtaining a compensation form. It looks like the FSCS are going to filter requests for application forms. Presumably, this is to manipulate statistics. Views on the FSCS decision.

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