Month: May 2017

TICK CAMPAIGN – NEGLIGENT PENSION PROVIDERS – STANDARD LIFE

THE PENSION LIFE TICK CAMPAIGN: now that Andrew Warwick-Thompson, Executive Director for Regulatory Policy at the Pensions Regulator is joining LGPS Central as CEO, it is time for him to help us to ensure all negligent ceding providers compensate their victims.  No doubt Andrew will engage enthusiastically with this campaign and lead by example. tPR Chair …

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GAMBLING WITH YOUR PENSION

Gambling is a very strictly controlled industry – and rightly so.  Every individual jurisdiction has its own gambling or casino licenses which are usually very expensive and onerous to obtain and keep.  Where large amounts of cash change hands every minute, it is obviously important to impose strict conditions and ensure that regulations are complied …

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LGPS: SEE YOU LATER REGULATOR – IN A WHILE REPTILE

“In some cultures, referring to someone as a “crocodile” is the worst insult one can inflict on his/her self-respect.” Let us dispel some myths once and for all.  Crocodiles are marvelous creatures, efficient hunting machines and dutiful, loving parents. They also make rather stylish handbags.  Ditto alligators.  And snakes. When the Pensions Regulator published their …

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AWT’S NEXT CHALLENGE: NEGLIGENT CEDING PROVIDERS – STARTING WITH LGPS

Bye bye Tinky Winky.  Good luck and have fun at LGPS! His next challenge will be to lead by example and ensure negligent ceding providers compensate their victims whose pensions were transferred into scams.  And he can start with LGPS as a shining example so the rest can follow. As Tinky Winky sails off into the sunset …

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FRAUD VICTIMS TASK FORCE

Pension Life is joining forces with another group action in order to set up the Fraud Victims Task Force. The objective of this initiative is to reinforce the campaign to protect fraud victims.  As outlined in Greg Mulholland’s motion before parliament was dissolved,  victims want to see prosecutions and sanctions against those who commit fraud. …

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