Tag Archives: Angie Brooks

Compassion for the pension liberated

  We have two strong women to thank for today’s news; Jo Cumbo and Margaret Snowden. I could add other strong women who have stood up and fought for themselves having been scammed – Sue Flood and Manita Khuller , … Continue reading

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The abuse of “platforms”; the distribution of pension scams abroad

Platforms can also be turned against the consumer, offer advisers huge commissions and legitimize the products of the morally bankrupt who set out to steal people’s money through scams. Continue reading

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British criminals, British victims, British pensions – why must justice come from Spain?

I should’t be having to post about this court case in Spain. This court case would have been avoided if those responsible for the victimisation of savers had been summarily dealt with by the criminal courts many years ago. It … Continue reading

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The wheels of the law turn (too) slowly

@henryhtapper @NJM71 @mk14steve @RedCircleFP @RAF_IFA Back in Jan ’18, 4 pension scammers were ordered to pay back millions they stole from hundreds of victims. And now 9 months later these crooks have been banned from acting as trustees. NINE MONTHS! … Continue reading

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A master class in fractional scamming

We get the financial services we deserve – and we deserve better than this; something has to change. Continue reading

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Honest endeavour stops scammers in their tracks.

Darren Reynolds and his firm Active Wealth have been restrained by the FCA from carrying out pension transfer business for the foreseeable future. Active Wealth’s business plan was to take leads generated by Celtic Wealth through promotions such as the notorious … Continue reading

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The FCA is quite right to be worried about DB transfers.

The FCA has published an interesting blog entitled Our work on DB transfers. The nub of its findings follow Since October 2015 we have reviewed a total of 88 DB transfers where the recommendation was to transfer. Out of these, … Continue reading

Posted in accountants, Middle East, pensions, QROPS | Tagged , , , , , , , , , | 7 Comments

Ever wondered where those “pension leads” come from?

Many financial advisers buy “pension leads”. These are hot prospects keen to take action to change their financial circumstances. Many of these leads are legitimately sourced, but many aren’t. If you spend time on Linked in or Twitter or Facebook, … Continue reading

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Pension scams; too little-too late?

  News from the Serious Fraud Office that they are at last on to the gang of financial thugs behind Capita Oak and the network of related frauds, will come as scant comfort to those who have been robbed and … Continue reading

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Why the messages on pension fraud need all of us!

We will never know the extend of fraudulent pension liberation (the type where people’s retirement savings are liberated to the fraudster’s bank accounts). People who are scammed tend to keep that information to themselves, consigning themselves to the mental torment … Continue reading

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