Tag Archives: scams

Shining light on Pension Scams

Posted on February 19, 2019 by

Key findings: 1. Information on scams is not readily available at an organisational level 2. The Scams Code is seen as a good basis for due diligence 3. Significant time and effort goes into protecting members from scams 4. The … Continue reading →

Posted in advice gap, pensions | Tagged , , , , | 1 Comment

“Focused, faster and more frequent” – tPR unmasks “Friendly” Pensions.

Posted on January 24, 2018 by

When the Pensions Regulator launched its corporate plan in April of last year, I wasn’t the only person to be a little sceptical. “Intervening more frequently and acting quicker?” – the proof is in the pudding and the pudding had … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , | 2 Comments

Who need’s a factory gate when there’s google

Posted on January 16, 2018 by

Update***** Update****Update***** Update*****Update*****Update The ad below appeared this morning as the top Google Ad on the search “Carillion pensions”.  I asked the FCA and tPR to ask for it to be taken down shortly after and it has been taken … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , | 5 Comments

TPAS offer BSPS a dedicated helpline. Don’t leave your choice to chance!

Posted on November 24, 2017 by

If you are a steelworker , you now have help on your pension options from TPAS. This is great news. As from this morning, members of BSPS, can call experienced pension people who can discuss the scheme with the experience … Continue reading →

Posted in advice gap, BSPS, pensions | Tagged , , , | 1 Comment

A day with Dalriada

Posted on November 21, 2017 by

  Dalriada are a firm of pension trustees who divide their business into “Regular” and “Irregular” business. Brian Spence who runs the business was prepared to talk to me about “Irregular business”. Members of, and employers participating in, the NOW … Continue reading →

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

Doing our own laundry.

Posted on June 25, 2017 by

Travelling across south London on a bus, early on a Sunday morning, I can talk to and listen to people who I don’t come across at work. I ask a West Indian nurse what she thinks of her pension, at … Continue reading →

Posted in pensions | Tagged , , , | 6 Comments

Restoring victim’s confidence in pensions

Posted on June 24, 2017 by

The confidence I have in pensions is because I know the people who are at the helm give a damn. I am lucky, I can bump into them in all kinds of ways. It is easy for me to say … Continue reading →

Posted in actuaries, advice gap, annuity, pensions | Tagged , , , , , , , | 1 Comment

Ever wondered where those “pension leads” come from?

Posted on June 2, 2017 by

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 →

Posted in pensions | Tagged , , , , , , , , | 5 Comments

Pension scams; too little-too late?

Posted on May 24, 2017 by

  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 →

Posted in pensions | Tagged , , , , , , , | 1 Comment

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 →

Posted in pensions | Tagged , , , , , | 6 Comments