Sharing information for the 1000s of victims of AIG's Enhanced fund. Aiming to give the fundholders a voice in what happens to their money.
Started by deborah H Dennison. Last reply by deborah H Dennison on Friday.
Started by John Upex. Last reply by lukudav(Merrill Lynch) May 25.
Started by anthea johnson. Last reply by R S[BW] Apr 12.
Started by Stu. Last reply by Hobie Mar 29.
Started by AM. Last reply by Mitch Mar 12.
Started by Tony Marsden. Last reply by Tony Marsden Nov 28, 2011.
Started by AM. Last reply by R S[BW] Oct 21, 2011.
Started by Mike. Last reply by Anthony Deal Sep 7, 2011.
Started by R S[BW]. Last reply by R S[BW] Sep 6, 2011.
Started by deborah H Dennison Apr 11, 2011.
ALL OPINIONS EXPRESSED ON THIS WEBSITE ARE THOSE OF THE MEMBERS WHO CHOOSE TO CONTRIBUTE. THEY SHOULD NOT TO BE INTERPRETED AS OFFERING SPECIFIC “FINANCIAL, TAX or LEGAL ADVICE”. INVESTORS MUST OBTAIN THEIR OWN INDEPENDENT PROFESSIONAL ADVICE.
THE LATEST PRF PRICE FROM ALICO - CLICK HERE
UPDATE UPDATE UPDATE > 22nd May < UPDATE UPDATE UPDATE
Welcome to the End Game.......
Your Withdrawal Form is here
You need to also send in your policy schedule, and if you've lost it send in this declaration
If you've changed your bank account from the one you sent in the original money from you also need this form
Send in your form now, so it gets in the queue - your money will NOT be sent out automatically and will not be coming out on the 1st of July - that's just the date the fund closes.
Please please please bomard FOS and the FSA with requests to provide a final adjudication on Barclays.
If you surrender without checking you might get spanked with a tax bill: ask your bank or your solicitor for your tax calculation, and how you might avoid it.
READ ALL ABOUT IT.........AIG PRF FUND BEATS BOTH FTSE100 AND THE BARCLAYS GROWTH PORTFOLIO UNIT TRUST.
Its true....a long time ago when this all blew up I did mention to a city bank investor that the PRF could turn out to be one of the best places to wait out the turbulence. The FTSE was then at 5416 and is now 5350, and Barclays Growth (sic) looks like this:
15 May 2012 Last PRF pricing date and last date withdrawals will be paid from the fund prior to maturity on 1 July 2012.
1 July 2012
The PRF will close and for every PRF unit held Alico will automatically switch at least £1 per unit into the Standard Fund.
3 July 2012 and onwards Alico will make withdrawal payments out of the Standard Fund.
OUT OF THE MOUTHS OF BABES AND BANKERS....
The FSA rulebook says:
Rule 14.3.2 specifically stipulates that the risks must be provided
‘in sufficient detail to enable the client to take investment decisions on an informed basis’.
Barclays Bank compliance says:
" A product is not inappropriate or unsuitable simply because an investor does not understand it, particularly in circumstances where the investor has granted a discretionary mandate to the banker in connection with investment decisions. Put bluntly, there is no requirement that the investor should understand matters at all."
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Posted by Hobie on July 6, 2009 at 17:53 — 6 Comments
Posted by Hobie on July 26, 2009 at 10:06
Posted by Hobie on July 2, 2009 at 15:30
Posted by Hobie on July 1, 2009 at 8:30 — 3 Comments
Posted by Hobie on July 1, 2009 at 8:24
deborah H Dennison replied to deborah H Dennison's discussion Time of Day the Enhanced Fund was frozen
Hobie replied to deborah H Dennison's discussion Time of Day the Enhanced Fund was frozen
lukudav(Merrill Lynch) replied to John Upex's discussion Transfer of business to a 3rd party July 2012
John Upex posted a discussion
deborah H Dennison posted a discussion
Mitch commented on Robert Morfee's blog post Group Claim wins
Robert Morfee posted a blog post
Hobie commented on CHRIS LLOYD's blog post Coutts
CHRIS LLOYD posted a blog post
GB commented on Helena Elizabeth O'Reilly's blog post No Title
Helena Elizabeth O'Reilly posted a blog post
R S[BW] replied to anthea johnson's discussion FOS combining complaints