THE High Court has appointed a liquidator to investment fund management company Custom House Capital Ltd after two Central Bank inspectors found serious misuse by CHC of over €56 million of their clients’ assets and cash.

The High Court has appointed a liquidator to investment fund management company Custom House Capital Ltd after two Central Bank inspectors found "a systemic and deliberate misuse" by CHC of more than €56m of their client's assets and cash.

A REPORT about the operations of a Dublin wealth management company will be submitted to the High Court in October.

FEWER than 3,500 people have signed up for the Government-backed Personal Retirement Savings Accounts (PRSAs) scheme almost five months after it was launched.