Royal Bank of Canada

Death of the Life Bond (Life of the Death Bond?)

Attention financial advisers in Spain/who provide financial advice to Spanish residents.             18th February 2019   DEATH OF THE LIFE BOND: The Spanish insurance and pensions regulator, the DGS, made a judgment against Costa Blanca-based Continental Wealth Management (CWM) on 10.1.2019.  The order (translated and summarised below) confirmed that there are strict regulations in Spain for […]

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YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL

ROLL UP! ROLL UP! ME HEARTY SCAMMERS!  OMI’S LATEST STRUCTURED NOTE SCAM IS ONLY AVAILABLE UNTIL SEPTEMBER 28TH SO GET A JIGGLE ON WHILE STOCKS OF THIS TOXIC CRAP LAST!  WE ARE PROUD TO OFFER OUR VALUED SCAMMERS YET ANOTHER INVESTMENT SCAM BY OLD MUTUAL INTERNATIONAL. This wonderful investment scamming opportunity with OMI, is open to

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Pension Life Blog - Say no to structured notes for pensions what is a structured notes - knowing the risks

Structured notes – knowing the risks

In many pension scams, we see the use of totally unsuitable, high-risk, for-professional-investor-only structured notes. These notes often offer the introducer high commissions. However, they are risky, fixed-term investments that often end in the loss of some – or even all – of the fund invested. Therefore, these types of investments are totally unsuitable for

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Pension Life Blog - Vueling v Old Mutual International - pension scam victim - responsibility for a loss

OMI IPO Profit Warning

OMI IPO Profit Warning – urgent please read carefully. Old Mutual International (OMI) have entered into an IPO – initial public offering. This means they have become a public company rather than a private one. Frequent readers of Pension Life blogs will know that OMI have featured heavily in our recent blogs with regards to issues

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OLD MUTUAL INTERNATIONAL V LEONTEQ CASE MOVED TO LONDON

Old Mutual International filed a High Court application on 16th March 2018.  On 20.3.18, Old Mutual obtained a judgment in the High Court of Justice of the Isle of Man (Case Reference 18/0012).  His Honour The Deemster Doyle, First Deemster and Clerk of the Rolls delivered his determination to OMI’s lawyer, Elizabeth Simpson of Simcocks.

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Pension Life Blog - Keep Calm and just avoid OMI/quilter - Peter Kenny Structured products

Keep Calm: Just avoid OMI/Quilter

OLD MUTUAL INTERNATIONAL HYPOCRISY OVER NEW MALTA REGULATIONS OMI’s Peter Kenny advises the industry to “keep calm”. He obviously wants to be able to keep flogging these useless, pointless and exorbitantly expensive insurance bonds to thousands of innocent victims. With the announcement of new regulations in Malta for QROPS, International Adviser has quoted managing director

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Pension Life blog - SEB and CWM pension scam - SEB - destroying life´s savings

SEB – DESTROYING LIFE SAVINGS

SEB – DESTROYING LIFE SAVINGS – accepting business and investment instructions from unlicensed scammers. SEB Life International Assurance offers so-called life assurance policies to expats living in Spain. SEB claim that their policies are straightforward and help investors to construct investment portfolios specifically to individual needs. The truth is, life assurance policies with SEB destroy life

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