Tag Archives: Scam
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
“Influencing” scams; what your kids see on Insta
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
Posted in age wage, pensions
Tagged 121 emtrades, David Byers, Financial Promotion, instagram, Scam, the Times
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Stop scamming – by giving people better choice.
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
The DB white paper consultation- is it a scam, a closed shop or just a cock-up?
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
Bamboozled by vultures! – The Work and Pensions report on Port Talbot
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
Don’t let this be you.
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 IFA, Malta, Pension Wise, QROPS, Scam
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CETVs; the flight from quality
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 CETV, contingent fees, DB, defined benefit, Ros Altmann, Scam, transfers
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Real money and real people need real regulation.
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
Posted in pensions
Tagged Andrew Warwick-Thompson, Angie Brooks, Scam, scams, The Pensions Regulator, Titcomb
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The tale of the “scammed”
This is the testimony of one victim of a pension scam. I cannot verify whether every aspect is true, but it is not the work of a vindictive person. It has been written to help trustees of pension schemes to … Continue reading
Zacchaeus – the short-arsed scammer who came good.
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
Posted in pensions
Tagged Bible, Compensation, Fraud, Jesus, Luke, Scam, Scandal, short-arse, Zacchaeus
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