Tag Archives: Scam
Dirty tricks of some workplace pension schemes
In a recent blog, I pointed to a report that Jonathan Stapleton brings to life with quotes from those working for the personal pensions on the wrong end of the transfer delays (who represent their customers as well). There is … Continue reading
Margaret Snowdon at Pension PlayPen this morning – link here.
Pension scamming is a curse as it affects people’s retirement income and reduces confidence in pension saving. Over the past 25 years, Margaret Snowdon has been a voice of reason, highlighting the impact of this curse, making decision makers aware … Continue reading
Margaret Snowdon on scams and scam prevention
Pension scamming is a curse as it affects people’s retirement income and reduces confidence in pension saving. Over the past 25 years, Margaret Snowdon has been a voice of reason, highlighting the impact of this curse, making decision makers aware … Continue reading
Red and amber flags continue to embarrass the Government
The various responses from the trade and national press demonstrate what a mess we have got ourselves into trying to protect people from combining their pension pots. Guy Opperman made it clear this time last year that the DWP’s intention … Continue reading
The hope for Ark pension victims is that they retain our respect.
This blog has covered the story behind the Ark pension schemes for nearly a decade. It has been a grim tale and it got grimmer last week as HMRC won a court case brought by Dalriada – the appointed Trustee … Continue reading
FOS finds Mr L to be trying it on
We received 16,276 new complaints about investments and pensions in 2021/22. The most complained-about product was personal pensions and the most complained-about issue was administration or customer service. Read more on our website: https://t.co/XOBoDVjZAb pic.twitter.com/2NdaSN6eIi — Financial Ombudsman Service (@financialombuds) … Continue reading
Protecting pension savers – five years on from the pension freedoms: Pension scams
Are we doing enough to stop pension scams? The question was asked by MP Nigel Mills at the Jan 6th Work and Pensions Select Committee’s session chaired by Stephen Timms. The question was directed at the Mark Steward, Executive Director … Continue reading
Lessons to learn from Dolphin Trust
18 months after its first program, Radio Four’s You and Yours program has produced a second program on Dolphin Trust (aka the German Property Group). You can listen to the second program here As I’d followed up on the … Continue reading
Justice delayed is only just justice. The Avacade judgement is 7 years late
Two companies ordered to pay £10.7m to investors sold risky #pension investmentshttps://t.co/pfDPr1UiO0 via @financialtimes — Josephine Cumbo (@JosephineCumbo) August 10, 2020 The FCA’s judgement against Avacade and Alexandra Associates is justice but only just. The FCA is requiring the two … Continue reading
Posted in advice gap, pensions
Tagged Alexandra Associates, Avacade, FCA, Liberty SIPP, Paraiba, Pension Scam, Scam
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“That’s an interesting choice”
“That’s an interesting choice” is a statement that interests me a lot. It is an entirely satisfactory response to a test we have just started with the FCA in which we allow people to compare pension pots by way of … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged advice, choice, FCA, interesting, meaningful, pension, pensions, Sandbox, Scam, scammer
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