A fine journalist at International Investment reports that Old Mutual International is taking legal action against Leonteq. She reports that this action is being taken on the basis that Leonteq lied about commissions paid to advisers for using high-risk structured notes. This news is, of course, very welcome news – especially if it succeeds in securing […]
OMI SUES LEONTEQ over undisclosed commissions Read More »
EVERGREEN RETIREMENT TRUST QROPS SCAM – HOW DID IT ALL WORK? Victims were cold called by Continental Wealth Management (CWM) and duped into transferring their UK pensions into the Evergreen New Zealand QROPS on the promise that they could access 50% of their pension. CWM acted as the “sister” company to Stephen Ward’s Premier Pension
EVERGREEN RETIREMENT TRUST QROPS SCAM Read More »
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” (Really?) In their 2017 annual report, rogue structured note provider Leonteq has reported “GROWTH ACROSS ALL REGIONS – Driven by positive client sentiment and solid demand for structured products”. I have no idea what sort of claptrap Marco Amato, CEO and CFO of Leonteq, thinks he is spinning in the 2017
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” Read More »
CONTINENTAL WEALTH MANAGEMENT BY JODY KIRBY (OR SMART OR BELL) – Now that Continental Wealth Management/Trust boss, Darren Kirby, is coming back to Spain to help sort out the mess, it is time to engage with his former partner, Jody, to find out what she has been doing to resolve the losses suffered by hundreds
CONTINENTAL WEALTH MANAGEMENT BY JODY KIRBY (OR SMART OR BELL) Read More »
COMPLAINT TO OMI, THE ISLE OF MAN FINANCIAL SERVICES AUTHORITY, THE CENTRAL BANK OF IRELAND, FINANCIAL SERVICES AND PENSIONS OMBUDSMAN AND THE ASSOCIATION OF INTERNATIONAL LIFE OFFICES ATTENTION: Martin Middleton, CEO Michael Hampson Complaints Handler | Complaints Team | Old Mutual International T: 44 (0) 1624 655451 | Int Ext: 75451 F: 44 (0) 1624 611715 E: [email protected] | W: www.oldmutualinternational.com Isle of Man Financial Services
Debbie Abrahams takes a stand in parliament, raising the question of, “how many more pensions scandals does she (Esther McVey, Secretary of State, Work and Pensions) need before she introduces the robust regulatory oversight needed to protect peoples’ pensions for the future?“ Debbie Abrahams (pictured) has been a Member of Parliament for Oldham East and Saddleworth
Why are so many working people losing their pension funds? Read More »
When a pension or investment scam implodes (as they always do), it is important to keep tabs on where the scammers go next, what they are doing next and who is helping them. In the case of the Continental Wealth Management scam – headed up by Darren Kirby and purported to be the “sister” company
Ex Continental Wealth Scammers – where are they now? Read More »
I am very pleased indeed to announce that on 6th December 2017, Beacon Global Wealth Management terminated Richard Peasley’s employment. There was no hesitation, no argument. Beacon’s David Vacani is also responding to numerous Continental Wealth Management victims who have complained about Richard Peasley’s employment with Beacon. I have no doubt David Vacani will correspond
BEACON GLOBAL WEALTH MANAGEMENT EMPLOYS EX CWM SCAMMER Read More »
STM Fidecs, the Gibraltar-based trustee firm used for the Trafalgar Multi Asset Scam, is now the subject of large numbers of complaints to the Gibraltar authorities. Hundreds of victims of XXXX XXXX’s unlicensed “advice” transferred safe UK pensions to a Gibraltar STM Fidecs QROPS and then he invested 100% of their funds into his own
STM Fidecs – Trafalgar Multi Asset Scam Read More »
Continental Wealth Management (CWM) was a financial advisory firm based on the Costa Blanca in Spain. Headed up by Darren Kirby, there were – until earlier in 2017 – 35 people working at the firm. The firm claimed to have £50 million worth of assets under management and around 500 clients. The firm closed down
CONTINENTAL WEALTH MANAGEMENT – PREMIER PENSION SOLUTIONS’ SISTER CO Read More »
Philip Hammond’s surprise 25% tax on QROPS transfers will leave many advisers and trustees floundering as the industry tries to make some sense of the long-term consequences for expatriates and their pensions. The uncertainty of the “five-year” change of circumstances rule will leave a huge question mark over the offshore landscape. But while the industry
TRUSSED BY A QROPS TRUSTEE? Read More »
