Top Pension Scams UK || Spotting Pension Fraud & How To Avoid It (Defined Benefit)
Welcome To Our Channel Cameron James Pension Transfer
Subscribe Here: https://cutt.ly/uD4Mzge
Pension scams UK are one of the most important things that our clients have to understand in the pension transfer industry. Pension scams could happen from inside as well as outside the ceding scheme. There are multiple large-scale pension fraud in the UK pension transfer industry, including Final Salary Pension Transfer, which makes it harder and harder to transfer out your Final Salary Pension. However, the FCA, HMRC and DWP are working hard to prevent retirement fraud and close all possible opportunity for scammers to do the pension scams.
Recently, the DWP made new regulations regarding the Final Salary Pension Transfer, which allows removing the statutory rights to transfer your Final Salary Pension. This new regulation is known as the flagging system, which determines whether the transfer is fulfilling the criteria or not.
Watch our video “Top Pension Scams UK || Spotting Pension Fraud & How To Avoid It (Defined Benefit)” to understand pension fees rip off and pension scams FCA. As explained by Dominic James Murray, Founder, CEO and Independent Financial Adviser (IFA) at Cameron James and Pension Transfer Specialist with over 10 years experience (including the USA and non-UK residents)
Book Your Free Retirement Fraud Consultation 📅
https://calendly.com/dominic-james-murray/initial-consultation-youtube
Consult about Pension scams FCA Through WhatsApp 💬
https://wa.me/447870817830
Understand the Pension Scams UK in Our YouTube 🖊
https://www.cjfinance.co.uk/contact-us/?utm_source=Youtube+Organic&utm_medium=Youtube&utm_campaign=Youtube
______________________________
Key Points In This Video:
Pension Scams UK
● What are the biggest Pension Scams UK?
The Maxwell Scandal
● A total of £460 millions Retirement fraud
● Taken away from the members’ Defined Benefit Pension
The BHS Scandal
● £363 millions of Pension Scams
● TPR ordered to repay the money back to the Defined Benefit Pension Scheme
The British Steel Scandal
● £2,9 billions of Pension Scams UK
● This case shaped the current Final Salary Pension Transfer industry
Current State of Offshore Final Salary Pension Transfer
Video Timestamp:
00:00 – Intro
00:28 – The Maxwell Scandal
01:01 – The BHS Scandal
02:02 – The British Steel Scandal
02:48 – Point of View on the Current State of Off-Shore Final Salary Pension Transfer
05:25 – Outro
——————————————————————————————-
References and Helpful Links:
https://moneyweek.com/505757/great-frauds-in-history-robert-maxwell
https://www.theguardian.com/business/2017/feb/28/philip-green-agrees-pay-363m-bhs-pension-fund
https://www.ft.com/content/b982b515-5966-4e9d-a91b-6c65ed577731
About Us:
The Pension Transfer Specialist for UK, EU, & USA Residents 🌏
The Final Salary Pension Transfer Expert USA 🖊
As Featured in the Financial Times 🏅
Existing Clients in 23 US States 🇺🇸
Transparent Fixed Costs 🔍
No Hidden Fees 💰
5-Star Google Review ⭐️⭐️⭐️⭐️⭐️
💼 Dominic James Murray Profile
https://www.cjfinance.co.uk/team_member/dominic-james-murray/
➡️ Read our Blog Post –
🌐 https://www.cjfinance.co.uk/our-blog/
🎥Watch Our Recent Videos🎥
💠 Defined Benefit Vs Defined Contribution Transfers (DB vs DC Pension Plan, Transfer To SIPP)
✅ https://youtu.be/XlJ6fFWW58A
💠 Defined Benefit Pension Transfer Values
✅ https://youtu.be/rk0wR6aqHkk
💠 DB Pension Transfer – Should I Transfer
✅ https://youtu.be/imyDn557iOE
💠 Novia Global International SIPP
✅ https://youtu.be/ZYuwVyVIBPk
Thanks for watching the video from my channel! Introduce yourself to me in the comment section and let me know where in the world you’re listening from. Mention & share with your friends who are looking for these types of videos.
Join the Cameron James Pension Transfer community now. Don’t Forget To Subscribe & Press The Bell Icon to get the latest updates.
#DefinedBenefitPensionScams
#FinalSalaryPensionScams
#CameronJamesPensionTransfer
#PensionScams
#DBPensionTransfer
#FinalSalaryPensionTransfer
#UKPensionTransfer
#Money
#Finance
#Advice
#CameronJames
#PensionTransfer
*******************************************************
source
