by cffadmin | Nov 9, 2017 | Uncategorized | 0 Comments
Lightning strikes twice? In 2001, Provident Financial bought Yes Car Credit. Three years later it closed with the loss of 820 jobs following a £20 million loss for 2005. The provy took a hit for £141 million including a goodwill write off of £91 million, as well as...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
Hotel comparison sites – are they fair and honest? Are they conflicted – as their revenue is linked to the commission paid by the hotels? Do they use sharp pressure tactics – to encourage you to book quickly to secure a deal – when the pressure...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
Excellent blog from the pension regulator There are nasty people out there who want to get a share of your pension nest egg you have worked hard to put aside for your retirement. If you get a cold call or a mail shot be very careful. Cold calling is illegal – so...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
To allay legitimate concerns, a group of thought leaders, including Roger Gewolb of the Campaign for Fair Finance, have signed the London Token Raising Manifesto. It embraces the core principles of transparency, fairness and trust which should underlie any token...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
20,000 people lost £100 million in last 6 months in the UK – Why Banks need to take responsibility for their Anti Money Laundering (AML) Failings The scale of this fraud beggars belief as it relies on the failings of the recipient bank to do proper due...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
The Pension Policy Institute have produced a paper on “Defined Contribution (DC) asset pooling – international evidence”, particularly Australia. The findings are very persuasive. If this were to be coupled with DC pots follow member (when you change...
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
The Pensions Regulator has successfully prosecuted the first firm and its managing director for avoiding putting in place workplace pensions. Teeth at last from the regulator and a clear warning to those who are avoiding meeting their workplace pension obligations....
by cffadmin | Oct 9, 2017 | Uncategorized | 0 Comments
Taxation is a key component of government policy. It is not just about raising tax but also its impact on the economy. What we don’t need now is further increases which would only make a bad system worse. The market is not moving – there is no supply at the...
by cffadmin | Sep 9, 2017 | Uncategorized | 0 Comments
Surprise surprise scam pension websites are dressed up to look like legitimate sites by carrying anti scam messaging. It is pretty obvious – they are not going to carry a warning we are fraudsters. If you or any friend is planning to transfer your pension, you...
by cffadmin | Sep 9, 2017 | Uncategorized | 0 Comments
More woe from the SW – if you sell an index linked product, you should use the correct index values. Customer should neednot to double check these. They should not be wrong. I bought into a product – the initial value being that on 16th September 2011 for...
