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Pension Life blog - OMI sues Leonteq dues to undisclosed commission fee´s

OMI SUES LEONTEQ over undisclosed commissions

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

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Say NO to structured notes for pensions! - Pension Life. Commerzbank, RBC, Nomura and Leonteq are among the rogue providers of these toxic, illiquid investments which should not be used for pensions.

Say NO to structured notes for pensions!

Structured notes – say NO to them if an adviser wants to invest your pension in them.  They are high-risk investments which are for professional investors ONLY – and not for ordinary retail investors  – especially pensions. Say NO to structured notes for pensions! Structured notes have been used as pension investments for some years. 

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OMI – AND OTHER GRIM REAPERS

OMI – Old Mutual International (Quilter), SEB, ZURICH, GENERALI, FRIENDS PROVIDENT, ZURICH INTERNATIONAL, RL360 AND HANSARD INTERNATIONAL.  They are all as bad as each other.  They rip their clients off, charging them huge fees and commissions, tying them into useless, pointless products for years. These LIFE OFFICES – which cause the death of many life savings

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Continental Wealth Management financial advisory firm closes 29.9.17

CONTINENTAL WEALTH MANAGEMENT – PREMIER PENSION SOLUTIONS’ SISTER CO

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

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