Caveat Emptor

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...

Scottish Widows: Index Linked Products

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...

Scottish Widows: A new take on prompt payments

If you or I pay a loan or a bill from a financial institution late, we will be charged penalties and interest. But when the ball is on the other foot, there is often a very liberal interpretation of prompt payment. Scottish Widows launched a series of Capital...

Report on insurance comparison sites

Today Competition and Markets Authority issued a report on insurance comparison sites. While the sites were generally good, one unnamed company was unsatisfactory and to quote the press release “We are also taking enforcement action where we suspect the law may...