Tag Archives: Scam

Increasing pension scam awareness

Posted on May 22, 2020 by

  As AgeWage prepares for its journey into the FCA Sandbox, we are becoming more aware of the vulnerability of ordinary people to pension scams. We are really worried about the impact of unemployment, especially on those who are over … Continue reading →

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“Influencing” scams; what your kids see on Insta

Posted on December 14, 2019 by

The FCA has issued a warning about http://www.1-to-1trading.co.uk ; you can read it here I didn’t find out from the FCA , I found out via an excellent article by David Byers – writing in the Times. The reality TV … Continue reading →

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Stop scamming – by giving people better choice.

Posted on August 14, 2018 by

I’m a fan of Government intervening to stop scamming. It’s good that the FT on.ft.com/2P1VT5c  and BBC are reporting “SCAMSMART” the FCA’s new initiative to stop scamming. But this intervention has to be accompanied by positive action from the private sector. People … Continue reading →

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The DB white paper consultation- is it a scam, a closed shop or just a cock-up?

Posted on June 27, 2018 by

      As one of the DWP’s “stakeholders”, I got this message in my inbox yesterday. “I wanted to make you aware that the DWP has published a consultation for A Stronger Regulator today covering elements of its White … Continue reading →

Posted in DWP, pensions | Tagged , , | 2 Comments

Bamboozled by vultures! – The Work and Pensions report on Port Talbot

Posted on February 15, 2018 by

Though it reveals little new, Frank Field’s report into what happened  in the British Steel Pension Scheme is nothing if not a good read. But we shouldn’t allow headlines about sausage ‘n’ chips suppers and factory-gate skulduggery to get in … Continue reading →

Posted in BSPS, pensions | Tagged , , | 3 Comments

Don’t let this be you.

Posted on November 3, 2017 by

This is a submission to Government from someone who fell victim to a pension scam. The questions from Government are emboldened, otherwise I have left the statement as it was sent to me. It has been circulated with  he intent that … Continue reading →

Posted in advice gap, pensions, Pensions Regulator, pot | Tagged , , , , | 2 Comments

CETVs; the flight from quality

Posted on June 23, 2017 by

Both the Times and the Financial Times report today on the anticipated voluntary withdrawals from Britain’s DB pensions through cash equivalent transfer values (CETVs). The FT, relying on Mercer as a source, estimate the withdrawals to be as much as … Continue reading →

Posted in actuaries, advice gap, pensions, Treasury | Tagged , , , , , , | 6 Comments

Real money and real people need real regulation.

Posted on April 29, 2017 by

  I am an admirer of Angie Brooks, though my opinion of her is not shared by Andrew Warwick- Thompson of the Pension Regulator. Angie and Andrew see pension scams in different ways. This evening I talked with Angie about … Continue reading →

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Zacchaeus – the short-arsed scammer who came good.

Posted on October 31, 2016 by

Zacchaeus -Remember him? Zacchaeus was a tax man who one day climbed a tree For he was short in stature and said he could not see And yet he had a problem, that mattered even more He didn’t see the … Continue reading →

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I smell a (pensions) rat – what can I do?

Posted on May 30, 2015 by

An advert appeared yesterday on the Pension Play Pen Linked In Group.. If you’re in our Group, you can see it here The organisation – Save My Pension is offering a “route to market” with the message from its Director Danny Smith  … Continue reading →

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , | 17 Comments