2 Comments

  1. Insider
    October 16, 2018 @ 8:43 pm

    Angela oh Angela where do I start with Belgravia, what better place than the first two on the list. The toxic twins as they are known in the profession Spencer Freeman Haynes and his drug dealer Emanuel Obi. The new breed of advisers strutting their stuff in downtown Geneva. Only the best champagne and class A narcotics for this band of idiots who talk billions not millions, billions! Their elaborate lifestyles all paid for through pilaging expats pensions. Emanuel Obi is a published fiction writer and if anyone cares to look his books up, they are a great cure from insomnia. The best work of fiction however is his CV, he does not have a qualification in law of any sort and is merely mirroring someone with the same name who does have a qualification. Old trick of a conman there which has paid off for him till this point. So let me tell you with absolute certainty he is not qualified to be head of compliance anywhere on this planet and the only reason he got the role was Spencer’s love of cocaine.
    Without a doubt Belgavia will be making headlines for all the wrong reasons soon and it will be up to you Angela to deal with the broken dreams of pensioners who trusted this new breed of advisers. Do your due diligence people don’t become the next boardroom conquest of drug addled advisers selling high commission structured products.

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  2. Stephen
    October 17, 2018 @ 6:36 pm

    Oh dear, here we go again…. “However, those who follow our blogs will know that the terms “structured products” and pensions together, makes us shudder with horror.” followed by this “Whilst I have a queue of trolls telling me that structured notes are “not all that bad”

    I can’t say I have ever been described as a “troll” and I have to say I am shocked!! One thing I have over the writers of this blog is I can relate to the victims – been there, done it and got the scars!! But I am obsessed by “accuracy” in reporting and I keep saying the FCA permit structured products to be promoted to retail clients by – oh, here is the key to this, wait for it… – [UN]REGULATED IFA’s.

    Oh wait, maybe this is the common denominator – it’s not the ASSET that’s the problem, it’s the bar stewards promoting them! You keep dissing the asset when in fact it’s the unregulated scum persuading the victims to invest in the high risk “asset” – whatever it may be!

    Property is considered a safe asset – except when it’s not. For example, Cape Verde ( https://www.lovemoney.com/news/51956/action-fraud-warning-cape-verde-investment-pension-scam ). I don’t see you dissing “property” as an investment! However, when property is sold “fraudulently” by unregulated “advisers” then that becomes the scam – not the asset. ALL scams have some th,ings in common – unregulated advisers and “fraudulent misrepresentation” about the asset and the HIGH RISK structured product is yet another example of fraudulent misrepresentation marketing. But there are also “ok” structured products, legally promoted by regulated IFA’s in the UK in the same way there are legally promoted “property investments” recommended as assets in pension portfolios.

    Your ignorance in this area does not give these blogs any credibility. In fact quite the opposite! And your only defence for your ignorance seems to be to call anyone that disagrees with you a troll rather than research your material correctly! Shocking!!!

    I guess I need to stop coming here. Not good for my blood pressure.

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