However, following this development, solicitors at Ward Hadaway have liaised with the FSCS, together with their clients, in order to allow for complaints against IPM to be submitted directly for consideration by the FSCS, which acts as the UKs
statutory investment compensation scheme.
"Total reported
statutory investment returns will be boosted by substantial unrealized investment gains from equity investments in 2013, barring unusual year-end market movement," says Fitch.
In 1983, following changes to the "
statutory investment list," the APFC made its first investment in the stock market, and later that year, in real estate.
The investment complies with
statutory investment requirements in terms of minimum investment guidelines for investments in Namibia.
Not only will this help drive our product development area, but her extensive knowledge of
statutory investment schedules will be a benefit to all of our customers and our organization.
Statutory investment yields through year-end 2009, which had been relatively flat prior to 2008, continued to compress during 2009.
"In addition to the CRA revision, passing the amendment to national banks'
statutory investment authority would also give banks an important tool to help foreclosure-plagued urban and suburban middle-income areas.
This is important because most
statutory investment guidelines are stated in NAIC ratings.
* State authority over solvency, based on
statutory investment and risk-based capital requirements and financial examinations every three years unless financial strength justifies a deferment to five years.
This 15 percent threshold allows banking organizations a cushion for growth between the
statutory investment limit and the higher capital charges under the revised proposal.
The study covered the following major aspects of the VRS investment program: organizational structure, policies and procedures, asset allocation, investment performance, managed futures and
statutory investment restrictions.
The recommendations shall be based on the current investment climate, future market assumptions, and
statutory investment limitations.
