Momentum Pensions Should Compensate Clients

Malta's Arbiter for Financial Services has determined that Momentum Pensions should compensate clients who have lost money after their monies were invested in high risk ventures promoted by adviser group Continental Wealth Management operating out of Denia, Spain. See the full article as reported by the Olive Press by clicking the image left. Posted 28/08/2020

Avacade Future Solutions & Alexandra Associates Court Ruling

Courts have ruled that Avacade Future Solutions and Alexandra Associates are to pay retirement fund investors restitution to the tune of £10.7m after the FCA case verdict was pronounced in June of this year. Visit The Telegraph to read the full story by clicking the image left. Posted 29/08/2020

Three Charged by SFO In Axiom Fund Collapse Investigation

Multiple charges of fraudulent trading under the Companies Act 2006 and one charge of transferring criminal property, contrary to the Proceeds of Crime Act 2002 have been brought by the SFO against a trio of individuals including the funds founder in relation to its collapse in 2012. Visit the Investment Week publication to read the full story by clicking the image left. Posted 09/09/2020

Adams Given Right To Appeal in Adams V Carey Pensions Case

Lord Justice Arnold who has sanctioned the appeal commented that the grounds submitted by Adams 'had a real prospect of success'. See the full article as reported by International Adviser by clicking the graphic left / above. Posted 22/09/2020

Manita Khuller Wins Appeal In Guernsey QROPS Trustee Case

Read Henry Tapper's account of Manita's determined journey to see justice done after being robbed of her private pension in a far from unique QROPS scenario by clicking the AgeWage graphic. Posted 29/09/2020

Westminster Magistrates Court Hears Case For Extradition Of Rogue Adviser

LMICL have been alerted to the public schedule of Westminster Magistrates Court for the 1st October 2020 which contains the name 'Robbirt' and the subject 'Extradition - Thialand' which it is claimed are related to the Thai SEC / Global Investments Far East Ltd case of operation in Thailand without license. Posted 1/10/2020

Posted 19th May 2021

LMICL recovery action

3rd June 2021: LMICL continue to progress activities with a London based law firm toward recovery goals for investors with losses via Portfolio Bonds (or similarly named insurance bond products) not just in LM MPF but in failed funds such as Axiom, Premier New Earth and others. For participation instructions please see the actions page or email Posted 4th June 2021