PMS plan is like the curate's egg
The proposals for the Presbyterian Mutual Society are like the curate's egg: good in parts.
At last, the small investors will recover all of their money, but it is deeply concerning that the larger investors will not receive nearly a quarter of their funds.
The Presbyterian Church is being asked to make a £5m contribution, but there is no mention of a contribution from PMS directors.
At the least, are we not entitled to an explanation and an apology?
Holywood, Co Down