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Pension Life blog - Debbie Abrahams questions why so many hard working UK employees face massive losses to their pensions - pension scams

Why are so many working people losing their pension funds?

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Debbie Abrahams takes a stand in parliament, raising the question of, “how many more pensions scandals does she (Esther McVey, Secretary of State, Work and Pensions) need before she introduces the robust regulatory oversight needed to protect peoples’ pensions for the future?“ Debbie Abrahams (pictured) has been a Member of Parliament for Oldham East and Saddleworth […]

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Pension Life Blogs - Paul Herd lands himself another financial adviser position with Elite Wealth Management, despite being responsible for losing previous clients entire pension fund.

HAVE YOU HEARD OF PAUL HERD? HE’S AT ELITE WEALTH MANAGEMENT.

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HAVE YOU HEARD OF PAUL HERD? HE’S AT ELITE WEALTH MANAGEMENT. Before joining Elite Wealth Management, Paul Herd was with a firm called MFS Partnership – which went belly up.  Now, I have never run a financial advisory firm.  If I had a fanciful idea of starting one, I probably wouldn’t know where to start –

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BBC 4 You and Yours expose pension scammers Blackmore Global

BBC 4’s You & Yours Exposes Blackmore Global Pension Scam

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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

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STM Fidecs' Alan Kentish and David Easton avoided the humiliation of a public court appearance and will now be letting Deloitte inspect their dirty books.

STM FIDEC’S VARIOUS NEFARIOUS BOOKS

1 Comment / Alan Kentish (STM Fidecs), Capita Oak, News, Pension Liberation, Pension Life, Pension Scams, Pension Transfers, STM / /

STM Fidecs has played its “get out of jail free” card, avoided January’s court hearing and agreed to “cooperate” with the Gibraltar Financial Services Commission (GFSC)  – allowing auditors Deloitte to probe STM’s dirty books. I was more than a little miffed because I was looking forward to a nice day out in Gibraltar.  I

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Julian Hanson – why pension scammers must be prosecuted

5 Comments / Ark Class Action, HMRC (Hector!), News, Pension Liberation, Pension Life, Pension Scams / /

Julian Hanson – why pension scammers must be prosecuted. And jailed. BARRATT AND DALTON PENSION SCAM: The Pensions Regulator has announced that on 23 January 2018, four pension scammers have been ordered to pay back £13.7 million they stole from their victims. BARRATT AND DALTON PENSION LIBERATION SCAM: 245 victims had their pension funds stolen

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Say NO to structured notes for pensions! - Pension Life. Commerzbank, RBC, Nomura and Leonteq are among the rogue providers of these toxic, illiquid investments which should not be used for pensions.

Say NO to structured notes for pensions!

3 Comments / CWM (Continental Wealth Management), Generali (Utmost), News, OMI (Quilter), Pension Liberation, Pension Life, Pension Scams, SEB, Structured Notes / /

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. 

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OMI – AND OTHER GRIM REAPERS

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OMI – Old Mutual International (Quilter), SEB, ZURICH, GENERALI, FRIENDS PROVIDENT, ZURICH INTERNATIONAL, RL360 AND HANSARD INTERNATIONAL.  They are all as bad as each other.  They rip their clients off, charging them huge fees and commissions, tying them into useless, pointless products for years. These LIFE OFFICES – which cause the death of many life savings

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Pension Scams: Investigations and prosecutions by SFO

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The Serious Fraud Office has written to Frank Field – Chairman of the Pensions Select Committee.  The SFO was responding to Frank’s request for details about pension fraud cases prosecuted by the SFO and about the fraudsters’ various scamming techniques. It is obviously essential to recognise and understand these techniques so that police authorities, regulators,

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CHARLIE CHARLIE, SAUSAGE AND CHIPS – WATCH OUT BRITISH STEEL WORKERS!

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CHARLIE CHARLIE, SAUSAGE AND CHIPS – WATCH OUT BRITISH STEEL WORKERS! I’ve just read Henry Tapper’s blog and Frank Field’s letter to Clive Howells of Celtic Wealth Management. What struck me about Henry’s blog was that he has summarised a new version of the same old, same old situation we’ve seen many times before over

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