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    • coxwell
    • By coxwell 7th Jan 18, 4:27 PM
    • 58Posts
    • 2Thanks
    Glanmore property fund and FPI
    • #1
    • 7th Jan 18, 4:27 PM
    Glanmore property fund and FPI 7th Jan 18 at 4:27 PM
    Advice over next step to take.
    My family invested money into a Friends Provident International mirror fund of the Glanmore
    property fund. This proved to be a nightmare but there should be some money to come back to us. I emailed FPI asking what the situation is and received the following response "please be advised that we currently have a final distribution payment to make to policyholders, but this is being held up by technical issues which we are working with our IT provider ASAP . Our sincerest apologies for the delay in resolving this matter, but at present I am afraid I cannot provide a definitive timeline as to when this will be completed"
    We have waited a long time for some form of payment and I find it unbelievable that this should now happen. Is it me, am I unreasonable. What can/should I do?
Page 1
    • coxwell
    • By coxwell 7th Jan 18, 7:30 PM
    • 58 Posts
    • 2 Thanks
    • #2
    • 7th Jan 18, 7:30 PM
    • #2
    • 7th Jan 18, 7:30 PM
    Has anyone got an opinion or is this the way we should be treated???
    • ColdIron
    • By ColdIron 7th Jan 18, 8:41 PM
    • 3,941 Posts
    • 4,826 Thanks
    • #3
    • 7th Jan 18, 8:41 PM
    • #3
    • 7th Jan 18, 8:41 PM
    A good friend lost most of his retirement savings with Glanmore and another similar investment. It always seems to be a case of jam tomorrow but if you've hung on this long you might as well stay the course, there is little alternative
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