FSCS Lifemark Update

21st May 2013

FSCS Public Statement on how it will allocate any recoveries received from the Lifemark vehicle


The purpose of this Public Statement is to set out the basis on which FSCS will allocate any recoveries it may receive from the Lifemark SA vehicle.

This note briefly sets out how FSCS will allocate any recoveries it may receive from the Lifemark SA vehicle.  For the avoidance of doubt, this statement does not address how possible future recoveries from third parties who recommended and/or arranged the sale of investments comprising Lifemark Bonds will be allocated.

Read the full statement here.