STM Fidecs

WHAT IS WORSE? A SCAMMER OR A SCAMMER’S LAWYER?

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Scammers are loathed by victims, regulators, police, ombudsmen and financial services professionals whose professional reputations are compromised by the nefarious practices of the scam merchants.  But however damning the hard evidence is about the scams and the various promoters, introducers, advisers, administrators behind them, the scammers still protest their innocence. Even when there are announcements […]

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TRUSSED BY A QROPS TRUSTEE?

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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

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STM’s Trafalgar Wind Up?

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 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

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As Easy as A Zero Tolerance approach to pension scams

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Zero Tolerance approach to pension scams It is rare for me to want to copy somebody else’s work, but Dalriada Trustees’ Neil Copeland wrote a very good piece on 20th December 2016 about three “hurricanes” which hit us this year: Altmann, Brexit and Trump.  With an astonishing degree of imaginative and creative inspiration, Neil referred

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STM FIDECS QROPS and Trafalgar Multi Asset Fund Disaster (Suspended)

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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

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