Picking up the pieces: Suspended, illiquid and distressed investments

Suspended, illiquid and distressed investments

A J Bell's Martin Jones assesses the ripple effects stemming from distressed investments and outlines some potential solutions.

The recent update on the Arch cru saga, as covered earlier this month in Professional Adviser, reminded me of the challenges posed by suspended, illiquid and distressed investments when held in a registered pension scheme, such as a self-invested personal pension (SIPP). So, what investments are we looking at here? Well for each troubled investment, there seems to be a different back story. There are the property funds that are still in good shape but are closed to redemptions due to lack of liquidity. There are the funds that have fallen down due to lack of corporate oversight. ...