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TOP 3 WORST LIFE OFFICES

For over a decade, life offices (more accurately known as “death” offices) have been the centre of millions of pounds’ worth of destroyed pensions. So here we are going to name the top 3 worst life offices… These are just some of the things they’ve been up to: Collaborating with scammers: unregulated, rogue firms posing …

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THE BOLLOCKS OF OLD BAILEY

I don’t often disagree with highly-regarded pensions expert Henry Tapper.  Too much respect and awe.  But his recent blog: “The Balls of Old Bailey” (about Andrew Bailey) merits a polite argument.  It has made me cross – not cross with Henry, per se.  But cross with the failure of Britain’s culture, government, regulation and legal …

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Pension Scams Explained

Every offshore pension scam starts with a “financial advisor”. Or, at least, a slick salesman posing as a financial adviser.   This person can also call himself a “wealth consultant” or “senior associate”. After the scammer pretending to be an adviser, the next player is the life office. More accurately described as a “death” office, this …

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Pension Scam Investments

The world of pension and investment scams is dominated and driven by commissions on investments (usually unregulated). The scammers’ strategy is always identical: get the pensions away from the safety of a reputable pension provider and into the hands of a SIPP, a SSAS or a QROPS. One purported benefit of these types of schemes …

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