• BBC News – Worries for those denied payday loans

    The fate of people turned down for payday loans owing to stricter regulations on the industry has prompted polarised debate.A trade body, the Consumer Financial Association, has claimed that only a quarter of those turned down ended up better off financially.It said charges for late bill payments and overdraft fees meant many rejected applicants were […]

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  • Get-rich quick schemes – Financial Conduct Authority

    Get-rich-quick schemes promise investors high returns or dividends not usually available through traditional investments. While they may meet this promise to early investors, people who invest in a scheme later usually lose their money. Two scams to look out for are Ponzi and pyramid schemes. ‘Ponzi’ schemes are named after Charles Ponzi, who guaranteed a […]

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  • BBC News – Pension funds unaccounted for

    Millions of pounds is unaccounted for in two pension schemes. BBC Radio 4′s You & Yours has spoken to people cold-called by Liverpool-based salesmen and persuaded to “unlock” their frozen pensions, with promises of cash upfront, and high returns. But the BBC has heard support staff were encouraged to lie repeatedly to worried scheme members. […]

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  • BBC News – GPs to be paid £55 for each dementia diagnosis

    Family doctors in England are to be paid £55 every time they diagnose a case of dementia, NHS England has said. NHS chiefs said the aim was to increase the number of sufferers who receive treatment for the condition, which causes a decline in brain function. But the Patients Association called it “a step too […]

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  • Consumers at risk of disadvantage

    People often purchase legal services at times of stress. Therefore, no matter how experienced a consumer may be, their individual characteristics can make them vulnerable. A range of individual factors, including physical and mental ability, language skills, financial constraints, or other personal situations, can directly contribute to a consumer being at risk of disadvantage. Added […]

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  • Internet trolls to face 2 years in prison – Press releases – GOV.UK

    Internet trolls who target people with abusive or offensive material online will face up to two years in prison and the police will have more time to investigate cases as part of the government’s commitment to protecting victims of crime.The government is changing the law to increase the maximum sentence for the offence of sending […]

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  • BBC News – Pensions regulator warns against ‘cold call’ scams

    Changes in the rules surrounding pensions could lead to more people being persuaded to transfer their savings to risky investment schemes, some of which may be fraudulent. The Pensions Advisory Service has started a campaign to crack down on scams, which are thought to cost half a billion pounds per year. Graham Satchell reports. Listeners […]

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  • Mule Bank Accounts used in Scams

    These banks accounts have been verified as being used as mule accounts in ebay / gumtree / autotrader vehicle scams. To search this list use the find on page function on your computer/tablet/phone. ( Since October 2013 – updated 20 Oct 2014 ) Bank Name Beneficiary/Account Name Sort Code Account Number Barclays Geoffery Dumitrescu 20-29-41 […]

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  • Comparison Sites Under Fire Over ‘Kickbacks’

    Price comparison websites have been accused of hiding the best energy deals from consumers. Instead, tariffs are promoted from providers who are paying the sites up to £60 commission when a user switches, according to consumer group The Big Deal. It claimed CompareTheMarket, uSwitch, Confused.com, GoCompare and MoneySuperMarket use search options that filter out the […]

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  • BBC News – Equal parental leave pay for Civil Service staff

    All Civil Service employees will be entitled to full parental pay from April 2015, Deputy Prime Minister Nick Clegg will announce this week. Currently, only mothers are entitled to full pay when a couple choose to share parental leave. The changes will enable more fathers to spend time caring for their new-born children, Mr Clegg […]

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