GFI investors told to make a claim

Global Forestry Investments in the news as 70 investors are told to make a claim

The trustee of Green Retirement Pension Plan has told over 70 pension scheme members to look at making a claim for bad advice against their IFAs over their Global Forestry Investment schemes, it has been reported. Jonathan Purle took over for the Defined Contribution scheme back in 2016, and for those scheme members who have…

IFA no-longer authorised was found at fault in 4 cases by the Ombudsman

Cheshire-based R W Harris Limited, an IFA that was previously authorised by the FCA under number 143856, had 4 Financial Ombudsman complaints against it upheld between July 2014 and April 2016, it has been revealed. All 4 of the complaints revolved around investments advised on by R W Harris Limited, some of which it is…

Damage report for ethical forestry investment

At least 2 Ethical Forestry plantations described as suffering “severe-total” damage after Hurricane Otto

A further 3 Ethical Forestry plantations remain “unverified” on the damage report A new letter from the liquidators of Costa Rican tree investment, Ethical Forestry, provided an outline of the damage to each plantation, and said photographs from the drone footage will be uploaded shortly. The damage report, which the letter (dated 15 Feb 2017)…

FCA concerned about the suitability of over 500 DB pension transfers: what we know so far

The regulator has issued a warning over £12.7m worth of pension transfers A former compliance officer has been issued with a warning over the potential suitability of over 500 pension transfers, the values of which came to a grand total of around £12.7MILLION. These pension transfers may have sparked the wrath of the regulator because…

how to keep your pension safe from scammers

NEW SCAM: Do YOU know enough to keep your pension safe from the NEW type of pension SCAM?

Find out how some companies might be trying to make a pretty-penny by transferring YOUR pension into somewhere a lot less ‘suitable’… The FCA, who are in charge of all financial services companies in the UK, has revealed the details of a NEW type of pension ‘scam’, aiming to shove people’s hard-earned money into High-Risk investments,…

Stuart Stone SFO action

Ex-financial adviser wrapped up in Sustainable AgroEnergy may face further Serious Fraud Office Action

The Serious Fraud Office is now considering even FURTHER action against Stuart Stone for his part in the Sustainable AgroEnergy saga – an alternative fuels investment that had an SFO freeze order in 2012. Stone, who is already serving the remainder of his six-year sentence from December 2014, is said to have taken commissions up…