Money doesn’t grow on trees – especially pension money and teak trees. Teak plantations, eucalyptus plantations and truffle tree farms are traditional pension “investments” of the scammers. One key example of such a pension investment scam was in May 2014 when the Pensions Regulator (tPR) banned the following scammers from being pension trustees for one […]
MONEY DOESN’T GROW ON TEAK TREES Read More »
RESPONSE TO GOVERNMENT CONSULTATION ON PENSION SCAMS AND COLD CALLING BY ANGIE BROOKS OF PENSION LIFE 13.2.2017 The Government consultation has been copied below,with my comments and answers in bold. —————————— —————————— —————————— Because of the size of individual pension pots, and because people do not have to engage with their savings until much later
RESPONSE TO GOVERNMENT CONSULTATION ON PENSION SCAMS AND COLD CALLING Read More »
5G Futures: in May 2013 Garry John Williams and Susan Lynn Huxley were suspended as trustees of the 5G Futures pension scheme, and from trust schemes in general. Pi Consulting was appointed as the new trustee by the Pensions Regulator. About 400 people had invested a total of £20m into the 5G Futures scheme –
5G Futures – Do Your Homework! Read More »
GUARDIAN WEALTH MANAGEMENT AND HOLBORN ASSETS A TALE OF TWO PUZZLES Don’t you just hate it when you see a puzzling situation and can’t quite put your finger on what is behind it? There are two firms in Dubai that have got me thinking these past few days and I reckon the “jungle drums” in
EYE ON DUBAI – GUARDIAN WEALTH MANAGEMENT AND HOLBORN ASSETS Read More »
John Ferguson, Square Mile Financial Services http://www.lillywhiteint.com/about-us.html I am worried about the whereabouts of John Ferguson of Lillywhite International and Square Mile Financial Services (Czech Republic). The last I heard he was boarding a long-haul flight on 23rd November 2016 to an unknown destination. His solicitor assured me Mr. Ferguson would get back to me
AVIVA – CAMPAIGN AGAINST PENSION SCAMS Pension Life – representing hundreds of victims of pension scams – has been engaging with ceding providers to seek a solution to the failures of regulation and the law which continue to fail to halt the success of scams and scammers. One of the earliest pioneers and champions of
AVIVA – CAMPAIGN AGAINST PENSION SCAMS Read More »
Can I have a word please? In fact – can I have three words? free loophole sophisticated Now, these are not just any old words – they are the keys the scammers use to unlock victims’ savings and make huge amounts of money out of destroying innocent people’s retirement income: http://www.professionaladviser.com/professional-adviser/feature/2441535/revealed-the-top-three-watchwords-in-pension-liberation-scams Let´s look at these
Three words about pension scams Read More »
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:
Scorpion Campaign and Henry Tapper Read More »
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.
TRAFALGAR MULTI ASSET FUND (SUSPENDED) After the disasters of failed pension schemes Capita Oak, Henley and Westminster (aggregate of £20 million lost to over 500 victims through investments in Store First store pods – wound up by the Insolvency Service), there are now concerns about the suspended Trafalgar Multi Asset Fund of £20 million. The
Trafalgar Multi Asset Fund Read More »
THE WAY THE WINDSOR PENSIONS PENSION LIBERATION SCAM WORKED Members were persuaded to transfer their pension into a QROPS and with a hefty transfer fee of at least 10%. The rest was liberated with no attempt to even try to clock the transaction in a “loan” vehicle. In fact, the transfers never went anywhere near
Windsor Pensions Pension Liberation Scam Read More »
SALMON ENTERPRISES PENSION SCAM – THE WAY THE SCHEME WORKED James Lau, allegedly a financial adviser with Wightman Fletcher McCabe operating from an office in the Regus building, Great Pultney Street, Bank London. Lau explained the Salmon Enterprises pension scam to clients using a series of diagrams that members could release funds from a pension
Salmon Enterprises Pension Scam – how it all worked Read More »
