News

FSCL talks about Ross Asset Management

Thursday 29th of November 2012

.Under financial services regulations, all businesses must be covered by an external dispute resolution scheme. Ross Asset Management is covered by FSCL.

The Wellington-based investment firm was placed into receivership this month and there is a gap of $438 million between the amount claimed to be in client accounts and proven assets.

There is little hope of the money being recove...

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