INVESTaid was created to offer DIY investors access to 'top name' branded financial products on line at discounted prices.
The discount was created by rebating to the investor the fulll initial intermediary commission, and the intention was that the investor would pass some or all of the rebate to any one of the charities who paid a fee to participate .
Eight charities had come on board before the new financial regulator decided that unit prices that included intermediary commission were to be discontinued. The outcome was that as there was nothing to then rebate to the investor the business plan for INVESTaid was no longer sustainable, and so the charities were refunded their fees and the business wound up.
The INVESTaid trademark and domain names have been retained and 'mothballed' pending the emergence of some appropriate enterprise that could benefit from their use, either through licence or outright purchase.
All enquiries to Mike Stafford at email@example.com
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