Wide Range Corrective And Recovery Actions (WRCRA)

LMIVC, in association with litigation funding broker Capital Interchange, have sought advice from accomplished legal specialists with experience of group investment actions, to further investigate any potential causes of action to facilitate recoveries on behalf of LM MPF investors.

Whilst LMIVC have previously undertaken data collection exercises within the LMIVC community, the exercise currently underway is anticipated to span a much larger percentage of the LM MPF investor population. The current exercise is exclusively based on each investors completion of the questionnaire below. We request every investor completes the questionnaire. If you have previously participated in any of the LMIVC data collection exercises you are still required to complete this form. We apologise in advance for any replication this may appear to represent.

Initially we intend focusing activity on investors satisfying one or more of the following conditions:

(However we soon expect to progress beyond these circumstances hence the request for all investors to complete the questionnaire.)

Were based in the UK at the time of investing in the LM MPF.
Invested in the LM MPF following advice from a UK advisor / intermediary whether at the time you were based in the UK or not.
Invested in the LM MPF following advice from a non-UK advisor / intermediary.
Invested in the LM MPF following a presentation or advice from LM UK or an LM company in any other country.
Invested in the LM MPF following a recommendation/suitability report from a pension fund trustee.
Invested in the LM MPF following a recommendation/suitability report from an insurance wrapper.
Anyone who has made a complaint to a financial regulator in any country.
Anyone who undertook their own due diligence via any of the LM companies prior to investing in the LM MPF.

Investors not satisfying the above criteria are still resolutely urged to complete the questionnaire. Discovery of recovery action opportunity is a dynamic process only possible with investor data from returned questionnaires.

The LMIVC MPF Questionnaire: Q1

Investor data collected from the above questionnaire is to be used, in the longer term, to provide feedback to regulators in an attempt to influence future legislation and regulator behaviour toward prevention of similar devastating debacles. In the near term, investor data collected from the above questionnaire is to be used in determining feasibility of recovery actions that are outside of the immediate scope of Korda Mentha. It is important your form submission contains a valid email address at which you can receive further communication.
The wide range corrective and recovery actions (WRCRA) replace the IGL plan. IGL plan articles and references at the site are to be archived.
LMIVC's Personal Data confidentiality statement is under the Administration tab of the LMIVC site.
LMIVC are unable to answer general investor queries regarding the program. Investors are advised to consult the LMIVC FAQ for further generic program information. Investor inclusion into a specific recovery exercise will be advised to email address submitted in above questionnaire.
To avoid potential conflicts of interest LMIVC are unable to include individuals or organisations previously operating as Financial Advisers promoting the LM MPF.
LMIVC acknowledge that some investors may not have ready internet access to complete and return an online questionnaire however due to the considerable overhead in providing a print / post service we have taken the difficult decision not to offer a postal alternative and urge those without ready internet access, to consult with a third party (friends, family members, library or office services provider) to return a completed questionnaire.
Recovery action progress updates subject to prejudicial restrictions will be made under the Recovery Initiatives tab of the LMIVC site.
LMIVC are in the process of transiting from a loosely defined group with a small leadership team to an Unincorporated Association that investors will be duly invited (after completing questionnaire Q1) to join via a membership agreement. Further details to be posted here when available.