ZQN,
LIPS has been restructured utilising the services of a licenced fund manager in Dubai. They will take over all admin, collection of premiums and investment of the fund - reducing costs and increasing yield. Two new committee members have volunteered their time to assist in overseeing the fund. Both very senior and well respected management pilots.
Meanwhile about 300 members current and still no claims.
Feel free to ring me anytime to discuss. The official launch of the new LIPS will be in Jan.
Merry Xmas,
AB.
Last edited by cyclops camel; 12th Dec 2007 at 09:55.