The Spanish Insurance Regulator – the DGS (Dirección General de Seguros y Fondos de Pensiones) – has made a most welcome judgment. This outlaws the mis-selling of bogus life assurance policies as investment “platforms” – aka “life bonds”. Read the translated summary below. The iniquitous practice of scamming victims into these expensive, pointless bonds – so […]
No more bogus life assurance policies in Spain 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 »
FT adviser published an article entitled, Cold calling ban approved by committee. However, do not get too excited as it hasn’t actually been approved by Parliament or got anywhere closer to being included in UK legislation. Plans to ban cold calling were announced back in August 2017. Scammers love to cold call their victims and hard
Cold calling ban still not approved Read More »
All victims of the Continental Wealth Management pension scam will agree – this kind of disaster must never be allowed to happen again. Here´s Pension Life´s take on what happened in the CWM CONference given by Darren Kirby. The CWM advisers. . . Dean Stogsdill * Alan Gorringe * Richard Peasley * Neil Hathaway, but to name
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
YET ANOTHER STRUCTURED NOTE SCAM BY OLD MUTUAL INTERNATIONAL Read More »
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
Structured notes – knowing the risks Read More »
Investors’ trust is what gets violated in so many cases by irresponsible and negligent insurance companies such as Old Mutual International, SEB, Generali, RL360, Friends Provident International – and, of course, the firm in the Cayman Islands: Investors Trust. These companies – also known as “life offices” (although we prefer to call them “death offices”
Serious Violation of Investors’ Trust – by Investors Trust (life office) Read More »
Humour me – you may consider me to be naive – but I believe that the ills of financial services (especially offshore) can be put right. All it takes is for the ethical stakeholders to outlaw the unethical ones. Yes, it will be a bit like something out of the Old Testament – but I
WANTED: MAGIC FAIRY TO CURE WHAT’S WRONG WITH FINANCIAL SERVICES OFFSHORE Read More »
International Investment has written a jolly good article about the recent action taken by the UAE Insurance Authority – headed up by His Excellency Ibrahim Al Zaabi. I quote from Gary Robinson’s article: “In a statement on the Arabic version on its website the IA has issued a circular confirming the suspension (of Holborn Assets) for a
UAE REGULATOR DOES A BIT OF REGULATING Read More »
Most victims of pension and investment scams bitterly regret not having asked more questions with regards to their financial planning. The problem is that they wouldn’t have known what questions to ask, and they probably wouldn’t have understood the answers even if they had. Pension Life offer you 10 essential questions to ask an IFA so
10 essential questions to ask an IFA Read More »
I have been working for Pension Life for five months. I help Angie Brooks with blogging, images and social media networking. When editing a blog the other day, a question struck me: how do we know if anyone who offers a service is qualified to do so? For example, be it the dentist, doctor or financial adviser. When we
Qualified or not qualified? That is the question. Read More »
SEB – NO TRUST – NO RESPECT – NO EXCUSE. SEB’s many victims have no trust or respect for this disgraceful firm which has failed them so dismally. There has been no excuse for SEB’s appalling behaviour – and now is the time for SEB to put the damage right. This week, SEB had the
SEB – NO TRUST – NO RESPECT – NO EXCUSE Read More »
