For over a decade, life offices (more accurately known as “death” offices) have been the centre of millions of pounds’ worth of destroyed pensions. So here we are going to name the top 3 worst life offices… These are just some of the things they’ve been up to: Collaborating with scammers: unregulated, rogue firms posing […]
TOP 3 WORST LIFE OFFICES Read More »
The Spanish criminal trial of so-called “financial advisers” in Denia has exposed the widespread fraud routinely committed in offshore financial services for over a decade. This particular stage of this particular trial may be directed at just eight members of Continental Wealth Management and Premier Pension Solutions. For now. But the case – brought by
Fraud Trial Against Pension Scammers in Spain Read More »
In the past decade, millions of pounds of pensions and life savings have been destroyed in Spain. Much of this has involved insurance bonds (OMI, SEB and Generali) – as well as all other popular expat countries. Only by benefitting from lessons learned so painfully by those who’ve already been scammed, can new potential victims
Armed Against Pension Scams in Spain Read More »
The recent awards given to Quilter Cheviot and Quilter International by International Adviser (sponsored by Quilter) must have sickened and disgusted many Quilter (OMI/Skandia) victims. Editor Kirsten Hastings’ saccharine and gushing words of praise will have been seen as offensive in the extreme by the thousands of victims who have lost their pensions and life
Manita Khuller Award – Justice Against All Odds Read More »
Recent data obtained by Quilter (formerly Old Mutual International and Royal Skandia) under a freedom of information request has further highlighted the issue of financial education, or rather the lack of it, with many casualties of fraud ‘unaware they may have fallen victim‘ to such a scheme. Quilter plc (the well-known asset/wealth management company, “life
Quilter: Critical or Hypocritical? Read More »
FCA and FOS continue to dismay and disgust; CWM criminal case set to change offshore financial services; Forged dealing instructions epidemic; Offshore advisory firms without an investment license. It now emerges that on top of a failed “City Watchdog” (the Federated Consolidation of Apathy) we also have not just one, but two failed ombudsmen. The
Pension Life – Pension File November 2019 Read More »
Normally a great fan of FT Adviser – and their excellent, independent journalists – I was horrified at the recent “Guide to Structured Products” (particularly the section on how risky they are by Craig Rickman). Noting that this article can be used towards CPD credits, I was astonished that so little attention was paid to
How risky are structured products – and fireworks? Read More »
Jody Smart (or Bell or Kirby or whatever name she uses now) appeared in the Criminal Court in Denia on 1st October 2019. As one of the group of defendants in the fraud trial – including her former partner Darren Kirby (who didn’t turn up) – she testified about her involvement in the £100 million
Jody Smart of CWM – courting justice Read More »
The FC A hasn’t got a ****ing Scooby. The Federation of Consolidated Apathy has now proved way beyond reasonable doubt that it is clueless about pensions in general. And worse – much worse – that it doesn’t understand the deadly problems with DB pension transfer advice. The Federation of Consolidated Apathy has published a video
DB transfers: FCA hasn’t a Scooby Read More »
Alliance Partnership – ‘ere we go again! Just how many warning signs do you need? Alliance Partnership – ‘ere we go again! After the Continental Wealth Management debacle – a fraud facilitated by the usual suspects: Old Mutual International, Generali and SEB – the public must be warned about similar firms which are likely to
Alliance Partnership – ‘ere we go again! Read More »
Mail on Sunday’s Laura Shannon met a group of victims of the Continental Wealth Management scam in Denia in July 2019. Here is a link to her excellent article Continental Wealth Management – “Plunder in paradise”: MAIL ON SUNDAY ARTICLE All power to her, this young lady put all other would-be investigative journalists to shame.
Continental Wealth Management – “Plunder in paradise” Read More »
Fighting pension scams: Regulation If it was easy to stop pension scams, everyone would be doing it. Clearing up the mess left behind a pension scam is a huge challenge. This is why clear international standards need to be recognised and adopted. The scammers are like flocks of vultures. If people only used regulated firms,
Fighting pension scams: Regulation Read More »
