First thing I should say is that I'm now retired from the pensions industry and consequently not authorised [Financial Conduct Authority] to give advice. Second, you should only listen to people who are so authorised - although you might as well listen to these few words from me as I'm not trying to sell you anything. Third, remember the "If it's too good to be true" maxim. Fourth, because it is indeed a little like your violins, deal only with institutions which are as near as possible 100% reliable and where you can reasonably assume you will have redress if things go wrong. Fifth and final, be prepared to seek [and pay for - there's another maxim about free lunches] a second opinion from a disinterested professional if you're in any doubt. Others may be able to add to and/or improve on this list.John McKenna wrote: ↑Tue Dec 17, 2019 7:21 pmRoger L>Having spent many years in the pensions industry, I'd endorse Nick's point that there are genuinely valuable products available.<
As a member of the financial illiterati it behoves me to ask how I could take advantage from the acquisition and enjoyment of one of these genuine instruments?
Is it in any way, shape or form like searching for a Stradivarius among a veritable forest of fiddles while a considerable choir of smoothing salesmen serenade - along the lines of sing something for simpletons?
Chess and Pension Fraud - allegation
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Re: Chess and Pension Fraud - allegation
Re: Chess and Pension Fraud - allegation
Thanks for that free and frank advice, Roger.
I'll file it with my collection of Angela Knight apologias.
https://en.m.wikipedia.org/wiki/Angela_Knight
I get the impression that breaking into the financial inner circles is the monetary equivalent of joining the hierarchy of Masonic lodges.
I'll file it with my collection of Angela Knight apologias.
https://en.m.wikipedia.org/wiki/Angela_Knight
I get the impression that breaking into the financial inner circles is the monetary equivalent of joining the hierarchy of Masonic lodges.
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Re: Chess and Pension Fraud - allegation
You may not be wrong.John McKenna wrote: ↑Tue Dec 17, 2019 9:40 pmI get the impression that breaking into the financial inner circles is the monetary equivalent of joining the hierarchy of Masonic lodges.
If you want a picture of the future, imagine a QR code stamped on a human face — forever.
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Re: Chess and Pension Fraud - allegation
"I get the impression that breaking into the financial inner circles is the monetary equivalent of joining the hierarchy of Masonic lodges."
They're probably not mutually exclusive...
They're probably not mutually exclusive...
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Re: Chess and Pension Fraud - allegation
Also at
https://www.businessfast.co.uk/chess-bo ... nsions-row
in which
“Once this issue has been drawn to their attention, the ECF should cease to have any business arrangements with grandmaster Simon Williams,” said Mick Norris, past president of the Manchester Chess Federation and chartered financial planner with PCFP, a firm of independent financial advisers.
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Re: Chess and Pension Fraud - allegation
Hang on, have they just ripped off the FT's piece uncredited?
"Do you play chess?"
"Yes, but I prefer a game with a better chance of cheating."
lostontime.blogspot.com
"Yes, but I prefer a game with a better chance of cheating."
lostontime.blogspot.com
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Re: Chess and Pension Fraud - allegation
I get the impression "businessfast" is an FT brand name. Direct links to the FT have a high failure rate, because they usually provoke a paywall.JustinHorton wrote: ↑Wed Jan 08, 2020 2:53 pmHang on, have they just ripped off the FT's piece uncredited?
https://www.businessfast.co.uk/best-of-ft-money-2019/
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Re: Chess and Pension Fraud - allegation
I very much doubt it. I can find stories from other outiets on their site, which appears to say nothing at all about who runs it and would at any rate be unlikely to carry stories uncredited if it were indeed linked to the FT.Roger de Coverly wrote: ↑Wed Jan 08, 2020 3:34 pmI get the impression "businessfast" is an FT brand name.JustinHorton wrote: ↑Wed Jan 08, 2020 2:53 pmHang on, have they just ripped off the FT's piece uncredited?
"Do you play chess?"
"Yes, but I prefer a game with a better chance of cheating."
lostontime.blogspot.com
"Yes, but I prefer a game with a better chance of cheating."
lostontime.blogspot.com
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Re: Chess and Pension Fraud - allegation
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Last edited by Matt Bridgeman on Sat Oct 21, 2023 10:30 am, edited 2 times in total.
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Re: Chess and Pension Fraud - allegation
I think it's saying that the victims suffered losses to that extent.Matt Bridgeman wrote: ↑Mon Sep 25, 2023 5:30 pmIs this judgement now saying that no, he benefited to the tune of £730,000? It’s probably appealable presumably.
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Re: Chess and Pension Fraud - allegation
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Last edited by Matt Bridgeman on Sat Oct 21, 2023 10:31 am, edited 1 time in total.
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Re: Chess and Pension Fraud - allegation
Glenn House is presumably the FM, but I don't see any IM mentioned in that link?Matt Bridgeman wrote: ↑Mon Sep 25, 2023 5:30 pmI try not to put my size 11’s in it, but didn’t Simon Williams come on this thread and make a fairly convincing argument that he was an entirely innocent party, who was found to be blameless by HMRC? Is this judgement now saying that no, he benefited to the tune of £730,000? It’s probably appealable presumably. Some new names there too, so at least a GM, an IM and a FM.Paul Heaton wrote: ↑Mon Sep 25, 2023 4:55 pmFurther development:
https://www.pensions-ombudsman.org.uk/n ... ermination
"Set up your attacks so that when the fire is out, it isn't out!" (H N Pillsbury)
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Re: Chess and Pension Fraud - allegation
It's Gary Quillan - see https://www.ft.com/content/1f794f0c-20b ... c92e957a96Matt Mackenzie wrote: ↑Mon Sep 25, 2023 7:19 pmGlenn House is presumably the FM, but I don't see any IM mentioned in that link?