OUR WORK Helping victims recover their destroyed pensions and investments: For well over a decade, pension and investment scams have proliferated in the UK and offshore. Scammers have benefited – while victims have suffered. Tackling this problem has been Pension Life’s mission since 2013. Claimaints People duped into transferring their pensions and life savings into […]
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
THE BOLLOCKS OF OLD BAILEY Read More »
On the web of pension scams It seems as though criminal convictions against pension scammers might be getting popular. More than a decade has gone by with virtually none of the usual suspects getting jailed – despite a few criminal investigations (that, so far, have not resulted in convictions). Is the system really that hopeless
The Web of Pension Scams Read More »
At the end of January 2022, Boris Johnson claimed he had reduced crime by 14%. Boris shocked a lot of people with this figure. But, apparently, he wasn’t talking about fraud. He’d forgotten that even some of his own constituents had been defrauded into the Ark pension scam (and that he had promised to “sort
Boris on Crime (I see no fraud!) Read More »
2021 was a tough year for everybody in the world. But for Pension Life it was especially frustrating because courts and law firms were severely held up as they got to grips with the challenges of Covid, travel restrictions and working remotely. Attending hearings and meetings by video conference was a hit-or-miss affair. The success
2021/22 Roundup for Pension Life Read More »
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
Pension Scam Investments Read More »
Brev at Bond Review has been doing the FCA’s job for it for more than four years. He (or she) has warned the public on the excellent Bond Review blog about the dangers of investment scams in the form of “bonds”. While the FCA have sat around doing little of any use – except keeping
Goodbye Bond Review Read More »
Life offices who caused the death of victims and their life savings/pensions, will now face proceedings in the Spanish civil courts. Pension Life’s proceedings against the defendants are due to be launched before Christmas 2020. The defendants will be Quilter International (Ireland), SEB and Generali (which has changed its name to Utmost Wealth). In the
Spanish litigation: Quilter Ireland, SEB and Generali Read More »
Expat financial services jurisdictions are taking civil and criminal action against investment and pension scammers. Meanwhile, Britain is taking no action to protect British people.
Pensions, Investments, Scams and Covid 19 Read More »
Pension Life and Forsters LLP have issued proceedings in respect of the Trafalgar Multi Asset Fund. Trafalgar Multi Asset Fund This Cayman Islands-based fund is being liquidated and it is uncertain whether there will be any recovery for the victims whose pensions were invested in it. Nearly 250 STM Fidecs QROPS members stand to lose
Trafalgar Multi Asset Fund Read More »
