Tag Archives: Scam

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

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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

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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

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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

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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

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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

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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

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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

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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

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Increasing pension scam awareness

  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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