Month: January 2019

Pension Life Blog - Shaping the future of mis-sold SIPPS - Berkeley Burke and Carey Pensions FOS

Shaping the future of mis-sold SIPPS

In January 2019, we saw legal challenges going forward against not one but two SIPPS providers for their roles in using and promoting unregulated investments. Berkeley Burke SIPPS Administration and Carey Pensions (the latter now owned by rogue QROPS trustee firm STM Group). Money Marketing has published an interesting article: ´SIPPS providers gear up for landmark court action´. They …

Shaping the future of mis-sold SIPPS Read More »

Pension Life Blog - Pension scam prosecution lost in time - More bans accepted

More bans but still no prosecutions – pension scammers lost in time

Another day, another voluntary ban taken by pension scammers, this time by those involved in the Henley Retirement Benefits and Capita Oak Pension Schemes. It seems there is still no justice for the victims of these financial crimes and there are no consequences for the directors of Transeuro Worldwide Holdings nor Imperial Trustee Services. These …

More bans but still no prosecutions – pension scammers lost in time Read More »

BREXIT AND THE NITWITS

The Nitwits were out in force this week.  Brexit – like any other real, potential or imagined crisis – provides wonderful opportunities for pension scammers.  Put people into a corner; wrap them in fear and uncertainty; set semi-literate politicians against each other; and carve out a nifty niche to scam away with deadly precision. Just …

BREXIT AND THE NITWITS Read More »

Fines to be imposed on cold callers, but will it really put a stop the scammers?

In follow up to our blog ´Cold calling ban not approved´, we can confirm that as of the 9th January 2019, that companies who cold call with advice on pensions schemes could face fines of up to £500,000. Notice I highlight the word ´could´. If you have read our other blog you will already know that …

Fines to be imposed on cold callers, but will it really put a stop the scammers? Read More »

Scroll to Top