News You Can Use

ILMA News Releases

February 2013 ILMA Changes Name to Reflect Growing Tertiary Market
August 2012 ILMA Membership Reaches 18 Companies
March 2012 ILMA Welcomes Wilmington Trust as Allied Member
May 2011 ILMA Releases Investors Note On Court Of of Appeals Ruling
April 2011 ILMA Welcomes Two New Allied Members
Vida Capital and Silver Point Capital Join Leading Life Markets Institutional Investors
December 2010 ILMA Releases "Life Settlement Provider Best Practices
November 2010 ILMA Commends New York Court of Appeals Ruling
April 2009 ILMA Concurs with Sound Regulation and Oversight of the Life Settlement Market
November 2007 ILMA Releases Life Settlement Transaction Disclosure Statement
April 2007 Leading Institutional Investors and Intermediaries Launch New Trade Association


News You Can Use Articles Archive


Credit Union National Association
Secondary life insurance loans topic of CU's lawsuit

FT Adviser
Sipp providers' valuations challenged


NASDAQ via Kiplinger's Personal Finance magazine
Cash From Your Life Insurance

Life Partners Holdings' shares soar on favorable Texas ruling

Are the FSA's plans for Ucis resrictions doomed to fail?

Life Health Pro
Before You Suggest a Life Settlement

Obama Tax Plan Draws Bead on Insurers

FT Adviser
FSA launches probe into ARM distributor

Corpus Christi Caller Times
State securities board fines two Corpus Christi investment adviser representatives

U.S. Securities and Exchange Commission
SEC Charges Life Settlements Firm and Three Executives with Disclosure and Accounting Fraud - CEO and General Counsel Additionally Charged With Insider Trading

Calgary Herald (Canada)
Bosses of insurance policy investment firm accused of Ponzi fraud; dozens of Albertans affected


New Model Adviser (Citywire)
The dangers of the FSA's tough new approach to products

FT Adviser
FSA's stance on life settlements under scrutiny

Money Marketing
What next after life settlements? - the dangers of blanket bans

Financial Services Authority
FSA issues proposed guidance on traded life policy investments (TLPIs)

New Model Adviser (CityWire)
FSA plans ban on retail sale of 'toxic' life settlement funds

Reaction and other news following the FSA announcement:

Money Marketing
MM Leader: FSA needs to take a careful line on life settlements

Wealth Manager (Citywire)
EEA fund suspended after wave of redemptions

Also at Wealth Manager (Citywire)
EEA investor brands FSA 'irresponsible to label death bonds toxic

FT Adviser
FSA defends life settlement clampdown after EEA suspension

Two reaction stories at IFAonline:

EEA advisers hit out at 'reckless' FSA ruling on life settlements

'Irresponsible': One IFA's open letter to Hector Sants on life settlment funds

ILMA Releases Latest Investor Notes - Insurable Interest after Price Dawe, Schlanger and Brasner

The Star-Ledger via Bloomberg News
Hackettstown man pleads guilty to fraud in life settlement case

Investment News
Lawyer bet on terminally ill to gain their death benefits

FT Adviser
Actuary urges caution in the use of life settlements

New Model Advisor (citywire)
The FSA Files: Regulator's struggle to monitor structured products

FT Adviser
Stewart Ford's Lifemark bailout plan collapses

Insurance Networking News
Life Settlements Market Remains Unsettled

U.S. Department of Justice
Superseding Indictment Filed in $670 Million Fraud Scheme

The Malta Business Weekly
Maltese ARM investors' hopes dashed as regulator reveals rule breaches

National Underwriter
Obama Team Targets Estate Tax, DRD, COLI, Life Settlements

The Philadelphia Inquirer
Retirees allege investment fraud and fault Philadelphia lawyer

Citywire (UK)
FSA fines Rockingham £35k over Ucis mis-selling

The Palm Beach Post
Seven common investment scams to avoid

State of Wyoming (US) - Secretary of State's Office
Annual list of financial products and practices that threaten to trap unwary investors

Institutional Life Markets Association
ILMA Releases Investors Note on "Trends in Cost of Insurance"

National Conference on Insurance Legislators
NCOIL President Aims for FACI Role

Corpus Christi Caller Times
Corpus Christi investment advisers face license hearings, fines

Institutional Life Markets Association
ILMA Releases Investors Note on Court of Appeals Ruling

Life Partners warns it could face SEC civil action

Death Derivatives Emerge From Pension Risks of Living Too Long

U.S Securities and Exchange Commission
SEC Chargers Former UBS Financial Advisor With Defrauding Life Settlement Fund Investors

Senior Market Advisor - National Ethics Bureau
Life settlement rules of the road now clearer

Fort Worth Star-Telegram
Texas Legislature won't deliver needed life insurance reforms

Agent's Sales Journal
Could 2011 be the Year of the Life Settlement?

Money Marketing
Hargreaves blames FSA for failing to heed warnings on Lifemark products

National Underwriter
Place Your Bets - Lawsuits Threaten Secondary Market

PR Newswire
Tranen Capital Launches Tranen Capital Longevity Notes Ltd. - the First Life Settlements Fund to Offer Protection Against Longevity Risk

U.S. charges offshore firm [Provident Capital] with bond fraud

New York State of the State Speech
Governor Cuomo Outlines Transformational Plan for a New New York

The Life Settlements Report
Controversial Ohio Insurance Commissioner Hudson Resigns

Texas Insurance Commissioner Mike Geeslin Stepping Down

National Underwriter
NCOIL to Congress: Fed Charter Would Cost States Dearly

National Underwriter
Governor Makes Appointment and Elected Insurance Commissioners Take Office



Journal of Business Ethics
The Ethics of Life Insurance Settlements: Investing in the Lives of Unrelated Individuals

Money Marketing
Life settlement funds accused on 'hazard' fees

National Underwriter
New York Rules on Canadian Life Settlements