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 […]
Keep Calm: Just avoid OMI/Quilter Read More »
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
SEB – DESTROYING LIFE SAVINGS Read More »
A fine journalist at International Investment reports that Old Mutual International is taking legal action against Leonteq. She reports that this action is being taken on the basis that Leonteq lied about commissions paid to advisers for using high-risk structured notes. This news is, of course, very welcome news – especially if it succeeds in securing
OMI SUES LEONTEQ over undisclosed commissions Read More »
DEALING WITH STRESS WHEN SCAMMED OUT OF YOUR PENSION Being scammed out of a big chunk of your pension once is bad enough. But TWICE is awful. Double pension scam victim Jessica M.J. talks about her experience and gives other victims advice about how to cope with the stress that results from being a pension
DEALING WITH STRESS WHEN SCAMMED OUT OF YOUR PENSION Read More »
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” (Really?) In their 2017 annual report, rogue structured note provider Leonteq has reported “GROWTH ACROSS ALL REGIONS – Driven by positive client sentiment and solid demand for structured products”. I have no idea what sort of claptrap Marco Amato, CEO and CFO of Leonteq, thinks he is spinning in the 2017
LEONTEQ “DRIVEN BY POSITIVE CLIENT SENTIMENT” Read More »
Structured notes – say NO to them if an adviser wants to invest your pension in them. They are high-risk investments which are for professional investors ONLY – and not for ordinary retail investors – especially pensions. Say NO to structured notes for pensions! Structured notes have been used as pension investments for some years.
Say NO to structured notes for pensions! Read More »
QUILTER – A NEW HOBBY FOR OMI? OMI – Old Mutual International – needs to compensate thousands of victims of financial crime which they facilitated. I can’t make up my mind whether they are adopting the brand “Quilter” to attempt to shake off their sordid and toxic past, or whether they are actually taking up
QUILTER – A NEW HOBBY FOR OMI? Read More »
Old Mutual International (OMI) is at the heart of much of what is wrong with offshore financial services. The CWM debacle clearly evidences this. OMI, formerly Skandia and soon to be Quilter, provided the vehicle used to wipe out thousands of victims’ life savings – not only in the CWM scam, but also with many
OMI? OMG! SAME OLD, SAME OLD MUTUAL – SAME OLD LIES Read More »
This is the claim made by Holborn Assets’ CEO Bob Parker: “We are professional advisers adhering to the company’s mission which is to ensure that you get quality, independent advice and service, that your money is put in the right place at the right time and that you are treated with integrity and respect. Moreover,
HOLBORN ASSETS (OR LIABILITIES?) Read More »
