What happens if Southern Cross Partners fails?
In the unlikely event of a failure of our business, a business continuity plan is lodged with the Financial Markets Authority (FMA) to ensure the continuing management of the investments and loans until repaid.
Of course the mortgage which supports your investment, as well as your interest payments, are all held in Trust by Loan Investment Trustees Limited. They do not form part of our business, and those funds / mortgage securities are not immersed in our business in any way. They are held completely separately, so any failure of Southern Cross Partners does not involve your Investment or your Interest Payments.