In Retirement Services in administration

Jones, Lee
July 2009
Money Marketing;7/30/2009, p2
The article reports on the placement of the equity-release provider In Retirement Services Ltd. in administration with Deloitte & Touche LLP. It notes that 126 staff are made redundant while 54 remain in the company. According to Deloitte, In Retirement Services' clients have no concerns regarding the company's insolvency. Deloitte spokesman adds that they are finding the best strategy to maximize the value for the group's stakeholders and preserve the continuity of services.


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