There are many different types of pension scam – just as there are many types of genuine pension scheme. This can sometimes make it difficult to tell the difference so we are her to help you inform you about, what is a pension scam. Fortunately, there are some common tell-tale signs that mean you could […]
What is a Pension Scam? Read More »
BBC Radio 4’s You & Yours reports on three victims of a pension investment scam called Blackmore Global, two of whom were cold called by David Vilka of Square Mile International Financial. The three victims were persuaded to transfer their funds from secure company pensions into QROPS (Qualifying Overseas Pension Schemes). The victims have since struggled
BBC 4’s You & Yours Exposes Blackmore Global Pension Scam Read More »
HMRC is reported to have collected a billion quid in APN tax demanded (Accelerated Payment Notice) in the past year. A figure of £2 billion is also reported in other Google searches according to other reports. We are talking about over 1,000 different types of tax – er – “planning” schemes flogged by accountants and
HMRC’s APN £1 Billion (or £2 Billion) Tax Demand: “TAKE THAT!” Read More »
What a wag that Michael Howard was on Saturday. But his timing is brilliant as we do have one little “mess” which needs sorting out urgently, and a bit of a hole – about the size of Howard’s mouth – in regulation and financial crime prevention in Gibraltar: the STM Fidecs/Trafalgar Multi-Asset Fund pension scam.
THE ROT OF GIBRALTAR’S “GOLDEN SA-TURD-AY AWARD” 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 »
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 »
STM Trafalgar Pension Scam Seriously–is this yet another wind up? STM want to be voted as “National Public Champion”? All of STM’s allegedly world-leading people will have known that it was illegal to promote a UCIS to retail UK residents. Unless STM’s claims about their excellent pensions team are just a wind up? After International
STM’s Trafalgar Wind Up? Read More »
Trafalgar Multi Asset Fund – DISASTER. “Gibraltar is a highly regulated and transparent jurisdiction, coupled with the benefits of a Gibraltar-based regulatory regime.” Well, we will see won’t we!! STM is now writing to their distressed members who are invested in the suspended £20 million Trafalgar Multi-Asset fund. STM are stating: “All members who invested
STM FIDECS QROPS and Trafalgar Multi Asset Fund Disaster (Suspended) Read More »
ARK DISASTER – MARAZION/EVERGREEN PENSION LOAN SCHEMES: TIME-LINE ARK CLASS ACTION An Ark victim has suggested it would be a good idea to do a full update so everybody knows the entire story so far. I agree that’s a good idea so here is a brief outline of where we are and how we got
Ark, Evergreen Retirement Trust QROPS and Marazion Timeline Read More »
