Tag Archives: scams

Pension scams reported at just £10m a year?

The truth is that the FCA do not have a number for the amount that leaks out of the system through dodgy advice.  The resources at their disposal to stop scamming are so small that they cannot even report on the proper size of the problem. Continue reading

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Holding the thin blue line on pensions

1. The immediate threat of fraud The policing of pensions is a precarious business and the “thin blue line” is figurative. The police are reluctant , for good reason, to busy themselves in the complexities of criminal maladministration , prosecutions … Continue reading

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British criminals, British victims, British pensions – why must justice come from Spain?

I should’t be having to post about this court case in Spain. This court case would have been avoided if those responsible for the victimisation of savers had been summarily dealt with by the criminal courts many years ago. It … Continue reading

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Any pension publicity (is good publicity)

It’s that’s time of the year when we don’t know what day it is. Well, according to the newspapers, it’s PENSIONS DAY. pic.twitter.com/ehGyIRL43M — Alistair McQueen (@HelloMcQueen) December 30, 2019 A bad news pension story? Not for Sue. Hats off … Continue reading

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“There is no justice in Guernsey, but men protecting secrets”.

Email from Niall Coburn to Guernsey Bailiff, in response to the Manita Khuller judgment: Dear Bailiff Collas, I write to you as former Head of Enforcement and regulator and lawyer who has worked internationally and attended the Trial of Manita … Continue reading

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On our front door – the trial of Manita Khuller.

Manita Khuller represented herself in court yesterday taking on  on FNB International, which she claims is responsible for the loss of a £170,000 pension pot. She is up against lawyers Carey Olsen , originators of the Carey SIPP who are … Continue reading

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“Degree-educated” most at risk from pension scams….

Higher-educated savers are more at risk of losing their pension to fraudsters than those without the qualification.  That’s what a survey of nearly 2000 people told the FCA and TPR 10% of those without a degree said they would accept … Continue reading

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When advice sits behind a paywall.,,,

One of the many pleasures of it being summer is that I have time to contribute to newspapers. I searched myself on the Times website and found out I’ve been contributing to their articles at a rate of one a … Continue reading

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Grand designs from Dolphin Trust

    If you want to invest in Dolphin Trust , you can watch a video advertising Canisius Careee, one of Dophin Trust’s investments. These are “real pictures”. It’s property backed – it’s German – you get a first charge  … Continue reading

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Shining light on Pension Scams

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

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