#oldmutualinternational

[pensionlifeblogs-blog]

OMI knew that many of the IFAs had been neither regulated nor qualified and that the investors were unsophisticated, low-risk, retail customers. * Premier New Earth Recycling Fund – this was a PROFESSIONAL-INVESTOR-ONLY fund which was routinely used by rogue IFAs for ordinary, retail investors (and from which the IFAs earned fat commissions). OMI offered the PNER fund on the bogus “life assurance” platform. And when the fund went into administration in June 2016, OMI shrugged its shoulders and said “not our problem“. And kept charging the victims the same fees as if the £800 million loss hadn’t happened. OMI knew that many of the IFAs had been neither regulated nor qualified and that the investors were unsophisticated, low-risk, retail customers. That is £1.16 billion worth of fund losses in just over six years, but they take no responsibility for loss of funds and the pension scam victim gets no redress. Read the full blog here: https://pension-life.com/vueling-v-old-mutual-international-pension-scam-victims/ #pensionlife #pensionscam #axiom #retailinvestments #omi #oldmutualinternational #expat #Britishexpat #boguslife #bogusinvestment #lifeassurance #planecrash #planesafety #planejourney #vueling #airlinelosses #lostluggage #compensation #notourproblem #badinvestment #goodinvestment #ifa #unregulatedfirm #sixyears #heavylosses #scamvictim #recycling #premiernewearthrecycling #unqualified #commission #fatcommissins #boguslife #unsophistocated https://www.instagram.com/p/Btxsv08CmRX/?utm_source=ig_tumblr_share&igshid=1m0pkns15y12k

[enzocalamo]

Who is advising Asia’s ultra wealthy?

An expanding pool of rich people is drifting out of reach of financial advisers and wealth managers #farringdonassetmanagement #iankloss #oldmutualinternational

[pensionlifeblogs-blog]

Here are some examples of OMI’s crashes in the past six years: * Axiom Litigation Fund – this was a PROFESSIONAL-INVESTOR-ONLY fund which was routinely used by rogue IFAs for ordinary, retail investors (and from which the IFAs earned fat commissions). OMI offered the Axiom fund on the bogus “life assurance” platform. And when the fund went into administration in December 2012, OMI shrugged its shoulders and said “not our problem“. And kept charging the victims the same fees as if the £120 million loss hadn’t happened. OMI knew that many of the IFAs had been neither regulated nor qualified and that the investors were unsophisticated, low-risk, retail customers. Read the full blog here: https://pension-life.com/vueling-v-old-mutual-international-pension-scam-victims/ #pensionlife #pensionscam #axiom #retailinvestments #omi #oldmutualinternational #expat #Britishexpat #boguslife #bogusinvestment #lifeassurance #planecrash #planesafety #planejourney #vueling #airlinelosses #lostluggage #compensation #notourproblem #badinvestment #goodinvestment #ifa #unregulatedfirm #sixyears https://www.instagram.com/p/BtxsZR4CrR-/?utm_source=ig_tumblr_share&igshid=10x9p1181vysq

[pensionlifeblogs-blog]

Hidden dangers of charges that ruin your pension investments Hidden dangers of charges that ruin your pension investmentsIn many pension scam cases, we find victims telling us that they were not informed about the hidden charges that were applied to their fund. This is why it is essential to warn the public about the hidden dangers of charges that ruin your pension investments. These charges often take a huge chunk out of the fund before and during its new investments. Scammers lie about these charges, and victims never find out about them until it is too late. The investments the scammers use are often high-risk and totally unsuitable for a pension fund. Pensions should be invested in diverse, low-to-medium risk assets which are prudent and liquid. And pensions don’t need an insurance wrapper at all, especially since the wrapper pays a whopping 8% commission to the scammers. And, sadly, much of the offshore advisory industry relies entirely on commissions – so the unethical advisers always chose the investments that pay the highest commissions. Unfortunately for the victims, the sweet-talking “advisers” are very good at concealing these hidden charges (commissions). They lure victims away from the small print and flash the promise of high – often “guaranteed” – returns. Read the full blog here - https://pension-life.com/hidden-dangers-of-charges-that-ruin-your-pension-investments/ #pensionlife #pensionscam #lifeoffices #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #pensionscammers #pensionfund #offshoreinvestments #pensioninvestment #hiddencharges https://www.instagram.com/p/BtA2OKmBs_z/?utm_source=ig_tumblr_share&igshid=7x8o793jdus1

[pensionlifeblogs-blog]

Safeguard your pension from the scammers - ask all the important questions. How much will the fees and charges be? Remember NO pension transfer is free. Legitimate firms will normally have a small transfer charge and a small annual fee. Scammers will often be vague about fees and charges, and avoid giving you a straight answer so they can cover up the true figures. These hidden figures can see your pension fund decrease by 25% or even more in some cases. A reputable firm should offer you regular updates on the progress of your fund. You should receive an annual review and a quarterly update showing the fees, charges and growth of your fund. If your new firm and adviser fail to do this, alarm bells should ring loudly. Finally, a reputable company will publish evidence to show records of complaints made, rejected or upheld and redress paid. If the adviser cannot show you all this information, do not trust them. If it all sounds to good to be true, it probably is – RUN! Safeguard your pension from the scammers https://pension-life.com/expats-and-brexit-safeguard-your-pension/ #pensionlife #pensionscammers #pensionscam #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #scamvictim #brexit #safeguardyourpension #offshoreIFA #offshoreinvestments #qrops #sipps #spectrumifa https://www.instagram.com/p/BsXuZnaB06w/?utm_source=ig_tumblr_share&igshid=kdvwpkrotdey

[pensionlifeblogs-blog]

Safeguard your pension from the scammers - ask all the important questions. How much will the fees and charges be? Remember NO pension transfer is free. Legitimate firms will normally have a small transfer charge and a small annual fee. Scammers will often be vague about fees and charges, and avoid giving you a straight answer so they can cover up the true figures. These hidden figures can see your pension fund decrease by 25% or even more in some cases. A reputable firm should offer you regular updates on the progress of your fund. You should receive an annual review and a quarterly update showing the fees, charges and growth of your fund. If your new firm and adviser fail to do this, alarm bells should ring loudly. Finally, a reputable company will publish evidence to show records of complaints made, rejected or upheld and redress paid. If the adviser cannot show you all this information, do not trust them. If it all sounds to good to be true, it probably is – RUN! Safeguard your pension from the scammers https://pension-life.com/expats-and-brexit-safeguard-your-pension/ #pensionlife #pensionscammers #pensionscam #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #scamvictim #brexit #safeguardyourpension #offshoreIFA #offshoreinvestments #qrops #sipps #spectrumifa https://www.instagram.com/p/BsXuZnaB06w/?utm_source=ig_tumblr_share&igshid=yxr1d1gn34a

[pensionlifeblogs-blog]

If you do want to transfer your pension, please heed this advice to safeguard your pension: Make sure you choose a reputable firm – one that is regulated, insured and employs fully qualified (and registered) advisers. We did a series of blogs last year on offshore companies and their advisers. The results were extremely worrying. Aside from their blatant disregard for the necessity of these qualifications – due to being offshore – the number of unqualified advisers offshore was cause for serious concern. Many of the firms had not one single qualified and registered adviser on their team. Pension Life Blog - Expats and Brexit - Safeguard your pension. Know all the correct questions to ask an adviser before you sign on the dotted line. A reputable firm will have a fact-find procedure, and adhere to a client’s risk profile. A reputable firm will have compliance procedure. A reputable firm will have clear and consistent explanations and justifications for the use of insurance bonds. Read the full story here - https://pension-life.com/expats-and-brexit-safeguard-your-pension/ #pensionlife #pensionscammers #pensionscam #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #scamvictim #brexit #safeguardyourpension #offshoreIFA #offshoreinvestments #qrops #sipps #spectrumifa https://www.instagram.com/p/BsXt1ejBC7f/?utm_source=ig_tumblr_share&igshid=38qvpnagxtdv

[pensionlifeblogs-blog]

It may seem daunting when you read that your UK pension could be subjected to extra taxes if we leave the EU on a no-deal basis. You may be thinking that you should transfer into a QROPS quickly, to save on these taxes. But what you really need to know is that a QROPS is not without punitive costs of its own. They can be expensive and unless you have a good lump sum to transfer you could see a huge chunk of your pension pot taken in transfer and set-up fees anyway! Potentially making you worse off. Unfortunately, until we make a deal or actually go through with Brexit, nothing is very clear for expats. Which leaves us in an uncertain time and situation. This, I understand, may be daunting for many people, but I urge you to take a deep breath before considering any speedy offshore pension transfers. Thousands of people – especially those who have already fallen victim to scammers such as Continental Wealth Management – would give you exactly the same urgent advice. If you do want to transfer your pension, please heed this advice to safeguard your pension: Read the full story here - https://pension-life.com/expats-and-brexit-safeguard-your-pension/ #pensionlife #pensionscammers #pensionscam #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #scamvictim #brexit #safeguardyourpension #offshoreIFA #offshoreinvestments #qrops #sipps #spectrumifa https://www.instagram.com/p/BsXtiSBBewu/?utm_source=ig_tumblr_share&igshid=1jms8d2eii6aj

[pensionlifeblogs-blog]

Expats and Brexit – Safeguard your pension BREXIT is the question on everybody’s lips at the moment. BREXIT: will we? won´t we? deal? no deal? So many unanswered questions and so much scaremongering. We would like to offer some helpful words and hopefully protect you from making rash decisions. This could help you to safeguard your pension. Many scammers are trying to cash in on Brexit – make sure sure you’re not their next victim. Remember I am not a financial adviser. I am a blogger, and I write about financial crime. I provide information about past scams and on how to avoid falling victim to new scams – especially pension scams. The words I write are aimed to help you safeguard your pension from the many offshore scammers. So, Expats, what does Brexit mean for your pension rights? The short answer is that we really do not know! There are currently lots of “coulds” and “mights” being thrown around, but no certainties. And herein lies the risk that you and your pension could fall victim to a scam with all this scaremongering. Read the full story here - https://pension-life.com/expats-and-brexit-safeguard-your-pension/ #pensionlife #pensionscammers #pensionscam #omi #oldmutualinternational #expat #Britishexpat #britsinspain #cwm #continentalwealthmanagement #capitaoak #scamvictim #brexit #safeguardyourpension #offshoreIFA #offshoreinvestments #qrops #sipps #spectrumifa https://www.instagram.com/p/BsXtUs9Bn7c/?utm_source=ig_tumblr_share&igshid=k8pfzvcw1pzt

[pensionlifeblogs-blog]

APRIL 24, 2018 OMI AND IOM DEFEATED BY SPANISH COURT One small stumble for the Isle of Man – one giant leap for victims of OMI and CWM. Pension Life blog - Man on the moon falling over One Small Stumble for the Isle of Man - one giant leap for victims of OMI and CWM We never thought the litigation against the scourge of financial services – the insurance giant Old Mutual International – was going to be easy. And we knew these negligent and greedy firms would try every trick in the book to get off the hook for betraying so many innocent victims. Read more here: https://pension-life.com/omi-and-iom-defeated-by-spanish-court/ #pensionscam #capitaoak #scamvictim #pensionfund #expat #Britishexpat #britsinspain #cwm #pensionlife #pensionscammers #pensionfund #omi #oldmutualinternational #iom #lifeoffices https://www.instagram.com/p/BrSTLLdhU5n/?utm_source=ig_tumblr_share&igshid=1w39zt4xj3bk

[pensionlifeblogs-blog]

OMI? OMG! SAME OLD, SAME OLD MUTUAL – SAME OLD LIES ANGIE News, Reports and Blogs OMI HEAVY LOSSES Old Mutual international investors are at a loss Old Mutual International (OMI) is at the heart of much of what is wrong with offshore financial services. The CWM debacle clearly evidences this. OMI, formerly Skandia and soon to be Quilter, provided the vehicle used to wipe out thousands of victims’ life savings – not only in the CWM scam, but also with many other rogue financial advisers (often referred to by the Spanish regulator as “chiringuitos”) Read more here: https://pension-life.com/omi-portflio-losses/ #pensionscam #capitaoak #scamvictim #pensionfund #expat #Britishexpat #britsinspain #cwm #pensionlife #pensionscammers #pensionfund #omi #oldmutualinternational # Quilter #lifeoffices #cwm #continentalwealthmanagement #leonteq https://www.instagram.com/p/BrSUitGhfo9/?utm_source=ig_tumblr_share&igshid=w4ye5syvdp9f

[pensionlifeblogs-blog]

It was really interesting to read FT Adviser’s recent “Top 100 Financial Advisers 2018“. I had, however, never heard of most of the advisory firms. But that is hardly surprising because nobody ever comes to me and says “guess what, I’ve got a really good adviser and am making good returns on my investments”. And I presume that all the advisory firms listed by FT Adviser are full of happy clients who never need to complain about being scammed into unsuitable investments and losing money due to a combination of high, undisclosed charges and trading losses within insurance bonds (particularly OMI’s). Read our full blog here: https://pension-life.com/ft-adviser-top-100-financial-advisers-2018/ #pensionlife #pensionscam #omi #oldmutualinternational # quilter #canacord #cwm #continentalwealthmanagement #scam #scammers #scamvictim #structurednotes #structuredproducts #leonteq #commerzbank #royalbankofcanada #nomura #cannacordgenuity #lifesavings https://www.instagram.com/p/Bq9x34cl3zB/?utm_source=ig_tumblr_share&igshid=7ph7c4h33wgi