Support Board

Date/Time: Sat, 18 May 2024 08:44:35 +0000

Post From: Does AMP invest excess funds and how?

[2020-07-18 14:37:12] Link To Thread - Link To Post [Go To First Post]
Marmany - Posts: 303
Unfortunately whatever it says on a website or government report does not count for much when illegal activity is involved. I had money with PFG when it went bust: https://en.wikipedia.org/wiki/Peregrine_Financial_Group Also MF Global and a spread bet operation, Blue Index when they went under. Most of funds were retrieved in each case, but it is a lot of hassle and can take years to resolve. Consequently I now keep funds with a broker at the minimum level to meet current day trade margin requirement. For info currently with AMP and find the service excellent.