Investors await action on Reyker plan management charges

The 12,000 investors in former Merchant Capital structured product plans wait to hear whether the Financial Conduct Authority will act

80930-41-wait-and-see

Investors and participants within the structured products industry are waiting to find out what, if anything, the Financial Conduct Authority will do about the 12,000 investors saddled with fees of up to £600 when Reyker Securities took over plan management of their Merchant Capital structured products.

Reyker, the London-based financial administrator and custodian, announced the charges at the end of April. Since investors and independent financial advisers (IFAs) found out that charges

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here