It is rare for me to say nothing. On this occasion, STM Group has stated they are going to stick their heads in the sand and zip their lips. They have facilitated a financial crime…….OK, enough said. For now. I will leave it to STM Group/Fidecs to decide what goes into this blog. They have […]
STM GROUP: THE TRAFALGAR MULTI ASSET PENSION INVESTMENT SCAM Read More »
The Serious Fraud Office has asked victims of the Capita Oak, Henley, Westminster and Trafalgar Multi Asset Fund scams to make a report so that these crimes can be investigated. But I am urging all victims of ALL scams to also make reports to the SFO, please. This story was first published by
SERIOUS FRAUD OFFICE REQUESTS PENSION AND INVESTMENT SCAM REPORTS Read More »
There is growing concern about Peter Moat and Sara Moat of Fast Pensions. There have been a number of Pensions Ombudsman’s determinations which expressed concerns about the maladministration of the unlicensed firm owned/run by the Moats. One of these was reported by FT Adviser on 10th May 2017: Fast Pensions told to pay £79k death
PETER MOAT AND SARA MOAT – FAST PENSIONS Read More »
THE PENSION LIFE TICK CAMPAIGN: now that Andrew Warwick-Thompson, Executive Director for Regulatory Policy at the Pensions Regulator is joining LGPS Central as CEO, it is time for him to help us to ensure all negligent ceding providers compensate their victims. No doubt Andrew will engage enthusiastically with this campaign and lead by example. tPR Chair
TICK CAMPAIGN – NEGLIGENT PENSION PROVIDERS – STANDARD LIFE Read More »
Gambling is a very strictly controlled industry – and rightly so. Every individual jurisdiction has its own gambling or casino licenses which are usually very expensive and onerous to obtain and keep. Where large amounts of cash change hands every minute, it is obviously important to impose strict conditions and ensure that regulations are complied
GAMBLING WITH YOUR PENSION Read More »
“In some cultures, referring to someone as a “crocodile” is the worst insult one can inflict on his/her self-respect.” Let us dispel some myths once and for all. Crocodiles are marvelous creatures, efficient hunting machines and dutiful, loving parents. They also make rather stylish handbags. Ditto alligators. And snakes. When the Pensions Regulator published their
LGPS: SEE YOU LATER REGULATOR – IN A WHILE REPTILE Read More »
Steve Pimlott of Windsor Pensions is still scamming people out of their pensions. And seeking new victims on LinkedIn. Inviting people to: Transfer your frozen UK pensions to a QROPS He will charge between 10% and 20% and will use forged documentation from an obscure QROPS such as Danica and BSEC and then fool the ceding
WINDSOR PENSIONS STILL SCAMMING AFTER ALL THESE YEARS Read More »
Bye bye Tinky Winky. Good luck and have fun at LGPS! His next challenge will be to lead by example and ensure negligent ceding providers compensate their victims whose pensions were transferred into scams. And he can start with LGPS as a shining example so the rest can follow. As Tinky Winky sails off into the sunset
AWT’S NEXT CHALLENGE: NEGLIGENT CEDING PROVIDERS – STARTING WITH LGPS Read More »
JAMES HAY AND ELYSIAN BIOFUELS SCAM I always say that pension and investment scams happen because people, firms and authorities allow them to happen. This was very true in the Elysian Fuels pension liberation scam. Jack Gilbert of New Model Adviser broke the news today, 9.5.2017, of James Hay’s involvement in this: James Hay facing
JAMES HAY AND ELYSIAN BIOFUELS LIBERATION SCAM Read More »
The Pensions Regulator has sent out a clear message in the Johnsons Shoes case where an employer failed to comply with its legal obligations regarding workplace pensions: Our message is clear: fail to comply with the law and you may be fined. This was clearly the right course of action for the regulator to take
THE PENSIONS REGULATOR’S PLANS TO FINE PENSION SCAMMERS Read More »
Pension Life is joining forces with another group action in order to set up the Fraud Victims Task Force. The objective of this initiative is to reinforce the campaign to protect fraud victims. As outlined in Greg Mulholland’s motion before parliament was dissolved, victims want to see prosecutions and sanctions against those who commit fraud.
FRAUD VICTIMS TASK FORCE Read More »
The Tonight programme “How Safe is My Pension” aired on Thursday 4th May. An undercover “sting” exposed the operation of a pension cold calling scam. IFA Darren Cooke of Red Circle Financial Planning featured in the programme and spoke passionately about the dangers of cold calling. He ran a successful petition to campaign for a
Pension Cold Calling Scammers Read More »
