6 Comments

  1. Stephen
    August 21, 2020 @ 6:06 am

    This blog makes no sense.

    Point 2. of the second numbered list acknowledges CCI, described as “the only other firm that I know of which does anything similar”, is working toward the same goal – i.e. justice and retribution for victims, by taking on the powerful actors of a scam that took place at the beginning of the previous decade.

    But then the two paragraphs following that numbered list is derogatory and displays childish animosity without explanation. The blog describes CCI as “competition”? How can a common fight for justice for victims of scams by two different entities be “competitive”? What are you competing to achieve? Surely the goal is the same? Or is it a question of “glory”, who gets there first being the goal? I don’t get it.

    It’s a common goal and the only thing that matters is justice and retribution for victims. It’s not a competition.

    I see no gain in petty “competition” and animosity. It’s not a “tug o’ war”. The victims are the common denominator and I imagine they don’t care how they get justice, so long as they get it. Whether it’s pension-life, CCI or both is irrelevant. I think the victims would rather see cooperation than some petty “competition” between two entities that are supposedly working toward the same goal. As a victim of a scam myself, I would have welcomed more than one helping hand to achieve restitution – the more the better, all pulling in the same direction to a common purpose.

    As I said. This makes no sense and the people caught in the middle are the victims, facing financial ruin, stress and sleepless nights. They don’t want to see this – trust me.

    Reply

    • Angie
      August 21, 2020 @ 9:39 am

      There was no “competition” or – indeed – animosity. The competitive angle was about the International Adviser “rewarding global excellence” awards. An oxymoron if ever I saw one. I really hope that the Coburn/Signature litigation does succeed – and agree with you that the OMI/FPI/RL360 victims don’t care where they get “justice” from – as long as the damage done by the death offices is undone – somehow.

      Reply

  2. Stephen
    August 21, 2020 @ 10:32 am

    OK.

    Well the blog did not explain that very well then imho, cos the “description” sure looked a tad unecessary.

    Moreover, there was no: “I really hope that the Coburn/Signature litigation does succeed …” in the main text either ….

    Whatever. It could have been explained so much better …. imho that is ….

    Reply

    • Angie
      August 21, 2020 @ 10:37 am

      I always value your criticism – will see if I can improve the blog, taking into account your feedback (which is most helpful). Sometimes, something which is (blooming) obvious to me is as clear as mud to someone else.

      Reply

  3. Bernie
    August 22, 2020 @ 10:51 am

    It is a shame that anyone can enter themselves into this so called award. It leaves it wide open to any rogue working in finance or finance related businesses entering. Looking at the entry form they ask for documents to be added? They could be made up? I hope that entrants are investigated properly prior to any awards being given out as it could be very misleading for people not in the know don’t you think?

    Reply

    • Chris Johnston
      August 24, 2020 @ 11:49 am

      Bernie, I completely agree.

      I lost a six figure sum to a wicked scam, perpetrated by a Partner / Head of Office, no less, of a firm who somehow received an IA Best Practice Award for Excellence in Financial Planning.

      When I made exhaustive attempts to escalate to the CEO (recognised by International Advisor as being one of the IA 100 Most Influential), let’s just say I didn’t get very far.

      Same old story – No financial qualifications, no investment license, no bona fide regulation, a pack of lies, and some very dodgy paperwork.

      It’s absolutely terrifying.

      Reply

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