Recent content by rachelg

It seems a positive step that Kordea have been appointed (even if to be appealed) as supposedly independent to deal with the LM Managed Performance Funds. However, their latest letter does not give positive reading - seems lot of dubious dealings, loans to top guy in LM, many of loans are not...

All very incestuous! But can now do nothing but wait I suppose.

Letter received from Trilogy today saying how concerned they had been/were - not quite sure of their involvement though?

I did send an email to Slater and Gordon but I am not in Australia, I am a British citizen currently living in Europe. From my reading the class action suit is probably only for investors that were duped into investing more recently - after company already faced difficulties, but might be wrong...

I have just received a letter from the voluntary administrators. This was the first I had heard of any problems. I have quite a large sum invested in this through a policy with Friends Provident. I had tried to en-cash it a few months ago but due to **** ups with financial advisors and FP got...