Ark

The Scorprion Campaign and Henry Tapper

Scorpion Campaign and Henry Tapper

The Scorpion Campaign was the Pensions Regulator’s attempt to warn the public and the industry against pension liberation scams.  It wasn’t a bad try, but it failed.  It was a bit like trying to stop a herd of stampeding elephants with a whoopee cushion. Henry Tapper, pensions actuary and dedicated blogger on pensions, posted this:

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Justice Morgan’s Mad Mistake: Donna-Marie Hughes and Royal London Mutual Insurance Society

JUSTICE MORGAN’S MAD MISTAKE (IN THE HIGH COURT OF JUSTICE, CHANCERY DIVISION) This judgement makes the law not just an ass, but a whole herd of donkeys. Dear Justice Morgan I refer to your judgment in the matter of Donna-Marie Hughes and Royal London Mutual Insurance Society Case Number CH/2015/0377 on 19th February 2016.  

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Dalriada Standstill Agreement for Ark Scheme Victims

The 487 Ark victims have gone through pure hell since the Pensions Regulator appointed Dalriada Trustees to the Ark schemes. First they discovered from Justice Bean in the High Court that the scheme was a “fraud on the power of investment” and then they discovered that HMRC were going to try to tax loans at

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evergreen a stephen ward pension scam

Evergreen QROPS Pension Scam and Marazion Loans

EVERGREEN RETIREMENT TRUST QROPS PENSION SCAM AND MARAZION LOANS THE WAY THE SCAM WORKED When Ark got shut down in June 2011, Stephen Ward flew to New Zealand and set up the Evergreen NZ QROPS liberation scam with Simon Swallow of Charter Square.  Ward also set up a “loan” company in Cyprus called Marazion.  He

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How the ARK Pension Scam worked

ARK Pension Scam: How it worked

ARK PENSION SCAM – THE WAY THE SCHEME WORKED: Six “occupational” schemes were used: Lancaster; Portman; Cranborne Star; Woodcroft House; Tallton Place and Grosvenor Parade.  Each scheme had to have less than 100 members to stay under tPR’s inspection radar.  Member A would transfer their £100k pension to – say – Lancaster; Member B would

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HMRC PENSION LIBERATION TAX

HMRC Pension Loan Wolf

HMRC Pension LOAN WOLF   I am writing to explain the rather confusing “assessment” and “further assessment” appeal situation in relation to HMRC’s “pension loan wolf” situation.  Although this is specifically aimed at the Ark case, it will also apply in most – if not all – other cases.   In a nutshell, the assessments

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The Pensions Ombudsman decision ot reject a pension transfer is squashed by high court

Justice Morgan Disaster

The Justice Morgan Disaster was a real setback for justice for victims of pension scams and emasculated the pensions ombudsman.  Shame on the High Court. Judgement in the matter of Donna-Marie Hughes and Royal London Mutual Insurance Society Case Number CH/2015/0377 on 19th February 2016 In the High Court of Justice, Chancery Division Letters to:

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