ABbey Financial Solutions

RL360 and FPI - a marriage made in hell for the victims of mis-sold, high-risk, unsuitable investments such as structured notes, LM, Axiom and Premier New Earth

RL360 and FPI – ’til death (or poverty) do us part

RL360’s acquisition of Friends Provident International may be set to ruin even more investors internationally. It will certainly increase competition with Quilter (or Skandia, or Ann Summers or whatever OMI are calling themselves this season). The biggest question – and one which International Adviser’s Kirsten Hastings forgot to ask RL360 David Kneeshaw when she interviewed […]

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Ten Essential Standards For Pension Advice

Ten Essential Standards For Pension Advice: The ongoing war against pension scammers continues with no sign that the end is near.  The authorities stand idly by – facilitating mis-selling and outright fraud. HMRC happily registers pension scam after scam after scam (followed by tax demands).   Prosecutions are few and far between. The only conclusive way to

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No more bogus life assurance policies in Spain

The Spanish Insurance Regulator – the DGS (Dirección General de Seguros y Fondos de Pensiones) – has made a most welcome judgment.  This outlaws the mis-selling of bogus life assurance policies as investment “platforms” – aka “life bonds”.  Read the translated summary below. The iniquitous practice of scamming victims into these expensive, pointless bonds – so

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