Scammers who act as financial advisers and operate pension scams, don’t wear a badge to identify themselves – nor do they pay any redress for the devastation they cause. Oh no, of course they don’t! The scammers dress in snazzy suits, drive go-faster cars, sport posh briefcases and speak with a silky sales tune floating […]
POOF! – there goes your whole life savings Read More »
In January 2019, we saw legal challenges going forward against not one but two SIPPS providers for their roles in using and promoting unregulated investments. Berkeley Burke SIPPS Administration and Carey Pensions (the latter now owned by rogue QROPS trustee firm STM Group). Money Marketing has published an interesting article: ´SIPPS providers gear up for landmark court action´. They
Shaping the future of mis-sold SIPPS Read More »
In the Pension Life office, we have been wondering how to get the information about pension scams more widely seen, heard and taken on board. We’d like to ensure the masses are educated and aware that pension scammers can strike from many angles, and with a variety of “deals”. Pension scammers must be stopped and
Pension scammers must be stopped Read More »
In many pension scam cases, we find victims telling us that they were not informed about the hidden charges that were applied to their fund. This is why it is essential to warn the public about the hidden dangers of charges that ruin your pension investments. These charges often take a huge chunk out of
Hidden dangers of charges that ruin your pension investments Read More »
BREXIT is the question on everybody’s lips at the moment. BREXIT: will we? won´t we? deal? no deal? So many unanswered questions and so much scaremongering. We would like to offer some helpful words and hopefully protect you from making rash decisions. This could help you to safeguard your pension. Many scammers are trying to cash
Expats and Brexit – Safeguard your pension Read More »
SCAMMER JAILED! Hip hip hooray! we say. What a great start to the new year. Neil Bartlett, 53, of Delamere Road, Ainsdale, used £4.5m of his victims’ money to fund an extravagant lifestyle of foreign travel, top hotels and gambling. Bartlett was handed an eight year sentence for his involvement in the multi-million pound investment fraud
Scammer jailed – hip hip hooray! – scammer jailed Read More »
In follow up to our blog ´Cold calling ban not approved´, we can confirm that as of the 9th January 2019, that companies who cold call with advice on pensions schemes could face fines of up to £500,000. Notice I highlight the word ´could´. If you have read our other blog you will already know that
Fines to be imposed on cold callers, but will it really put a stop the scammers? Read More »
Henry Tapper has published an interesting article about the problem of the number of lost pensions. We live in an age where careers are much more fluid and many people move companies or retrain and change professions. This mean many people may have had five or six different jobs (if not more) throughout their working career.
Where’s my pension? Read More »
I have enormous respect for FT Adviser. Their articles are written by proper journalists and they generally write competently and professionally. FT Adviser puts International Adviser to shame with their thinly-disguised promotional shows and Micky Mouse “articles” which only ever promote their own sponsors – Old Mutual International and their ilk. It was really interesting
FT Adviser Top 100 Financial Advisers 2018 Read More »
Tackling Caravan Crime – Chancellor Philip Hammond. Victims of pension fraud in scams such as Ark, Capita Oak, Westminster, London Quantum, Friendly Pensions and Salmon Enterprises – will not be surprised to hear that even the Crown Prosecution Service acknowledges that the fraudsters have defeated the system. Alison Saunders, head of the CPS, has stated publicly
Tackling Caravan Crime – Chancellor Philip Hammond Read More »
Back due to popular demand, qualified and registered company blogs. Today, I am looking into Belgravia Wealth, a Swiss based company. Belgravia Wealth – qualified and registered? Lets see if you are. Belgravia Wealth has an impressive list of services offered. However, those who follow our blogs will know that the terms “structured products” and pensions
Belgravia Wealth – qualified and registered? Read More »
The financial services industry has failed with flying colours to achieve transparency – both offshore and in the UK. The single most important thing about any product or service is transparency – aka honesty. This is where the profession has tolerated – and even encouraged – bare-faced lying for years and continues to do so
Transparency Failure With Flying Colours Read More »
