The Times has an interview with Neglect Assist’s senior solicitor Tim Wixted, who warns of the dangers of the 2015 pension changes to be introduced in April.
Neglect Assist, described as “one of the UK’s leading specialists in financial mis-selling” by the newspaper, have warned that the reforms are a “scammer’s charter” after conducting a study of the impact of the savings reforms.
The research by Neglect Assist provides a comprehensive and concerning picture of what lies in store when those aged 55 and over are given the flexibility to dip into their pension pots as they see fit.
Read the full article:
The Times: “Fraudesters are the biggest risk” (subscription required)
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Fund Web reported on a £25,000 Gatwick parking scheme offering an 8% yield. Neglect Assist’s Tim Wixted warned that the lack of a resale market and promised returns are strong indicators of a high-risk, potentially failing scheme.
In MoneyWeek, Neglect Assist’s Tim Wixted gave expert commentary on recognising high-risk schemes, including airport parking investments that promise “guaranteed” returns with little to no resale value.
Neglect Assist is featured in the Daily Mail Money section explaining the dangers of being mis-sold an investment.
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