PPI Refunds UK - http://www.ppirefundsuk.co.uk
This is the story of the scandal of Mis-Sold PPI. The story runs from 1991 when the scandal began to the latest PPI Refunds news.
Corporate and banking transaction update - Spring - Summer 2015Browne Jacobson LLP
Our corporate and banking teams have continued to see increased deal activity into the first half of 2015. We saw limited slow down leading up to the election and remain positive in relation to activity for the remainder of 2015. The attached update details some of the key transactions we have been involved since the start of the year, covering a wide range of corporate and banking activity.
This document provides a sales tax update for the City of Corona from October 7, 2015. It includes information on Corona's sales tax base by major industry groups, sales tax trends over the past 13 quarters, and a comparison of online versus brick-and-mortar sales tax revenues. The data presented gives insights into Corona's economy and revenue sources.
This document certifies the incorporation of Liberte Properties Ltd as a private limited company in England and Wales on July 21, 2015. The company is limited by shares and has its registered office located in England and Wales. The Registrar of Companies for England and Wales authenticated this information electronically under section 1115 of the Companies Act of 2006.
This document is from the Nevada Department of Taxation regarding a liquor importer/wholesaler's monthly report of lost or damaged alcoholic beverages. It provides a form for listing details of losses that occurred during a given month, including date, type of loss, brand names, and gallons lost of malt beverages and alcoholic beverages of varying alcohol percentages. The form requires attaching supporting documentation of losses filed with carriers and shippers and calculates totals to report on the tax return.
Associations need to use multi-media, personalized, targeted, communication through various channels to retain members in today's tough environment. This presentation suggests a number of ways to do that as well as a case study of an association that had success doing so.
The 35th Annual Myrtle Beach Ball Classic basketball tournament will take place in Myrtle Beach, South Carolina over Christmas. Poca High School from West Virginia will make their tournament debut, looking to build on their undefeated 2014 season. The tournament was founded in 1981 by former Marshall University coach Dan D'Antoni and has become one of the most prestigious high school basketball tournaments. It has also raised over $500,000 in college scholarships for deserving students since 1984. Locally, sports broadcaster Mark Martin will produce a 30-minute special about Poca High School's 2014 season and their tournament expectations that will air on December 26th.
LEONARDO PIRAS - Internet Better Tuscany - 5 Maggio 2011BTO Educational
Internet Better Tuscany
Firenze, 5 Maggio 2011
Auditorium Sant’Apollonia
Un evento organizzato da Fondazione Sistema Toscana e Regione Toscana, con il contributo di BTO Educational
La percezione della Toscana sui Social Media prima e dopo la campagna: buzz e reputation
Leonardo Piras
H-art, Responsabile Social Media Team “VoglioVivereCosì”
Corporate and banking transaction update - Spring - Summer 2015Browne Jacobson LLP
Our corporate and banking teams have continued to see increased deal activity into the first half of 2015. We saw limited slow down leading up to the election and remain positive in relation to activity for the remainder of 2015. The attached update details some of the key transactions we have been involved since the start of the year, covering a wide range of corporate and banking activity.
This document provides a sales tax update for the City of Corona from October 7, 2015. It includes information on Corona's sales tax base by major industry groups, sales tax trends over the past 13 quarters, and a comparison of online versus brick-and-mortar sales tax revenues. The data presented gives insights into Corona's economy and revenue sources.
This document certifies the incorporation of Liberte Properties Ltd as a private limited company in England and Wales on July 21, 2015. The company is limited by shares and has its registered office located in England and Wales. The Registrar of Companies for England and Wales authenticated this information electronically under section 1115 of the Companies Act of 2006.
This document is from the Nevada Department of Taxation regarding a liquor importer/wholesaler's monthly report of lost or damaged alcoholic beverages. It provides a form for listing details of losses that occurred during a given month, including date, type of loss, brand names, and gallons lost of malt beverages and alcoholic beverages of varying alcohol percentages. The form requires attaching supporting documentation of losses filed with carriers and shippers and calculates totals to report on the tax return.
Associations need to use multi-media, personalized, targeted, communication through various channels to retain members in today's tough environment. This presentation suggests a number of ways to do that as well as a case study of an association that had success doing so.
The 35th Annual Myrtle Beach Ball Classic basketball tournament will take place in Myrtle Beach, South Carolina over Christmas. Poca High School from West Virginia will make their tournament debut, looking to build on their undefeated 2014 season. The tournament was founded in 1981 by former Marshall University coach Dan D'Antoni and has become one of the most prestigious high school basketball tournaments. It has also raised over $500,000 in college scholarships for deserving students since 1984. Locally, sports broadcaster Mark Martin will produce a 30-minute special about Poca High School's 2014 season and their tournament expectations that will air on December 26th.
LEONARDO PIRAS - Internet Better Tuscany - 5 Maggio 2011BTO Educational
Internet Better Tuscany
Firenze, 5 Maggio 2011
Auditorium Sant’Apollonia
Un evento organizzato da Fondazione Sistema Toscana e Regione Toscana, con il contributo di BTO Educational
La percezione della Toscana sui Social Media prima e dopo la campagna: buzz e reputation
Leonardo Piras
H-art, Responsabile Social Media Team “VoglioVivereCosì”
Financial pressures on the NHS are continuing to mount, with experts predicting a worrying £2 billion deficit in the NHS budget in 2015/16. With the supply of funding struggling to match growing demand, the NHS finds itself facing an unprecedented financial challenge.
This infographic pulls together the latest facts and figures on NHS finances and the pressures on its purse, painting a picture of a service at boiling point. The NHS Confederation is calling for a commitment from politicians for a ten-year spending settlement on the NHS to give members the space to release the pressure.
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Transaction update - Corporate and Banking Spring/Summer 2016Browne Jacobson LLP
The first half of 2016 has been an incredibly busy period for our corporate and banking teams who have advised on a whole range of transactions in a variety of sectors. This period saw us not only named by Experian as one of the Top 20 UK's leading dealmakers for the first three months of 2016 but also enabled our corporate finance team to pick up the coveted ‘Legal Team of the Year’ award at the Insider East Midlands Dealmakers Awards in May 2016.
Here are a selection of the deals we have been involved in which we are proud to say also include the Insider East Midlands Dealmakers Awards ‘Deal of the Year’ where we acted for PCT Healthcare on its £80m acquisition of WR Evans’ Chemists.
https://www.brownejacobson.com/sectors-and-services/services/corporate-and-commercial
This document discusses updates on UK agricultural grants and policies. It notes that some EU productivity grants have closed to new applications, but other grants from Natural England, the RPA, and local authorities remain available. The Small Countryside Productivity Scheme will reopen in early 2019. Going forward, the Environmental Land Management Scheme will provide funding to reduce emissions and protect habitats. The document also reviews recent farm income levels and issues currently facing UK agriculture.
Perceptions of the Financial Services Industry - Revisited Philip Brooks
In this edition of viewpoint, we revisit ‘Consumer Perceptions of the Industry’. We uncover who they now blame for the current economic crisis, how we make them feel, as well as the concerns we could help them address.
We also take a look into the future, assessing the potential impact of the Virgin Money acquisition of
Northern Rock.
The Chancellor announced tax cuts and increased departmental spending in his Autumn Budget. Key measures included raising the personal tax allowance to £12,500 and higher-rate threshold to £50,000 in April 2019, increasing funding for the NHS, schools and social care, and boosting the annual investment allowance for businesses to £1 million for two years. The Chancellor also set aside over £4 billion for Brexit preparations and warned that next year's Spring Statement could become a full fiscal event if Brexit negotiations adversely impact the financial forecast.
The document provides insight for food and drink businesses on various topics including:
- The upcoming summer season and sponsorship opportunities at the Bath and West Show.
- Key impacts of the recent UK budget such as frozen alcohol duties, wine duty increases, corporation tax rate reductions, the national living wage, and changes to capital gains tax, dividend taxation, and pensions.
- Opportunities for food and drink businesses to claim Research and Development tax relief to lower tax bills.
- Speculation that the new sugar tax on soft drinks could lead to further food taxes being introduced in the future.
This presentation was used to inform and educate hedge funds on TPLF a few years ago. The bottom fell out of most of the hedge funds that were in my pipeline so I decided not to quit my day job.
The document discusses consumer perceptions of the UK financial services industry. It finds that perceptions remain overwhelmingly negative, with over a third still blaming the industry for the economic crisis. Feelings of skepticism, powerlessness and frustration towards financial institutions have also proved difficult to shift. However, some optimism comes from consumers not solely blaming the industry, and from signs of increased confidence and stabilization in the sector. The document advocates for financial institutions to treat customers fairly, reward loyalty, address consumer concerns, and improve communications to help rebuild trust over time.
This document discusses ITV, a British commercial television network. It summarizes that BSkyB owns 17.9% of ITV shares, making it the largest shareholder and able to influence ITV's strategies. OFCOM regulates ITV but has limited power to enforce fines, as ITV prioritizes profits over regulatory compliance. While ITV claims to have values like commitment and integrity, critics argue it promotes poorly constructed programs and lacks loyalty. Politically, ITV's affiliation is unclear but it is influenced by its corporate owners' priorities of commercialism over quality programming.
Pensions Reform and Carry Forward rules updatejonfisher00
The Pensions Regulator has delayed the introduction of automatic enrolment (NEST) for smaller companies with less than 3,000 workers. Their staging dates will be confirmed in 2012. Investors can now carry forward unused pension allowances from 2008/09, 2009/10 and 2010/11, allowing some to contribute more than the annual £50,000 limit. Chartwell Financial Services offers advisory services to help employers and advisers prepare for automatic enrolment reforms.
Your weekly Grocery news update - 11th July 2016Lucy Allison
It's been a disappointing month for retail sales but still too early to assess the full impact of Brexit. However there's no signs of Brexit blues at Waitrose and John Lewis...
• McBride to post better-than-expected profits as restructuring project pays off
• Waitrose to slash payment terms for small food producers
• Aldi extends partnership with Team GB for another four years
• Tesco kicks off summer trading with double Clubcard points weekend
• Disappointing month for retail sales but too early to assess impact of Brexit
• No signs of Brexit blues at Waitrose and John Lewis
• Poundland agrees to £597m takeover offer from Steinhoff
• Ebay eyes possibility of pop-up stores in Sainsbury's outlets
• Iceland to open first dark store
• B&M making good progress in tough market
• Mothercare continues on path to recovery
• Co-op sells 298 stores to McColl’s for £117m
• Halfords like-for-likes slip as bad weather hits cycling sales
The document summarizes the key economic events and trends of 2009 and provides some predictions for 2010 in the UK. It notes that 2009 saw record ISA sales and a recovery in the housing market and stock market. However, it also saw high unemployment and a deep recession. Predictions for 2010 include opportunities from pension reforms but also challenges from regulatory changes and the need for advisers to help consumers understand risk.
A review of the 2017 Spring Budget and the impact it may have on individuals and businesses in the South West. Plus, an insight into HMRC's Making Tax Digital initiative.
This document analyzes trends in the UK housing market following the financial crisis. It finds that while national figures show recovery, there is significant local variation. Mortgage availability remains constrained compared to pre-crisis levels, particularly for higher loan-to-value loans. This has contributed to rising demand for rented accommodation. The government has introduced several stimuli, including equity loans and mortgage guarantees, to boost the housing market. These are expected to increase home ownership but also grow the private rented sector substantially. Underlying affordability issues remain a challenge even as interest rates remain low.
Late payments cost small businesses in the uk more than £2 bn a yearJamieMartin1706
Small businesses in the UK have been facing a total sum of £2.16bn due to overdue payments.
Out of 1.7m small to medium sized enterprises (SMEs) in the UK, approximately 640,000 businesses say that they have to wait beyond the approved terms to receive their payments.
http://www.prfree.org/news-late-payments-cost-smallbusinesses-in-the-uk-more-than-2bn-a-year-428865.html
Uk gilt holdings and qe - money for nothing gilts for freeJohn Ashcroft
Since QE began in early 2009, UK gilts in issue have increased from £600 billion to £1.6 trillion. Bank of England holdings have increased from zero to £400 billion accounting for 25% of all gilts in issue. BoE holdings peaked at almost 30% of total holdings in 2012. Overseas holdings of gilts, have doubled from £200 billion to £400 billion. In the most recent period, overseas holdings have fallen to 25% of all gilts in issue, compared to an historical average of 30%. UK institutional holdings of gilts have increased from £400 billion to £800 billion accounting for 50% of all gilts in issue. Holdings of gilts by pension funds and insurance funds have increased from just over £200 billion to almost £500 billion. As a share of total gilts in issue, pension fund and insurance company holdings have been steady at around 28% over the six year period. Other UK financial institutions have seen a fluctuation in holdings with some suggestion of “front running” i.e. buying gilts ahead of the Bank of England purchase programme to benefit from rising prices. in the initial stages. In fact, all major stakeholders in gilts have increased holdings over the five year period. This raises an interesting question about from whom has the Bank of England bought gilts as part of the QE process? Only in the very early stages of QE is there evidence of purchased from the private sector (note 7). In reality it would appear the Bank of England purchases gilts from the Debt Management Office and not from financial institutions. Asset values are guaranteed by Treasury. JKA
Dividends, yields and coupons are also returned to Treasury, which effectively enables the government to finance borrowing with a Dire Straits underpin “Money for nothing - Gilts for Free.”
Capita - A UK public sector market analysisHelen McNally
Spend Network conducted an analysis of Capita's business with UK public sector bodies from 2012-2016. The analysis found that Capita's public sector revenue grew significantly over this period from £497.3M to £973.5M but declined from 2015-2016. Central government has been a larger source of revenue for Capita than local government. Spend Network's database of over 130M transactions allows it to provide customized analysis of public sector spending and contracts to help clients make better decisions.
The retail sector makes significant contributions to the UK economy. It employs over 3 million people across the country and provides flexible employment opportunities. Retail delivers great value for customers through low prices and innovative business models. It also supports the wider economy by spending £130 billion annually with other sectors and paying £30 billion in taxes. UK retailers have embraced e-commerce, leading the world in online retail spending and sales to international customers. Overall, retail is an important, innovative sector that benefits both consumers and the UK as a whole.
Financial pressures on the NHS are continuing to mount, with experts predicting a worrying £2 billion deficit in the NHS budget in 2015/16. With the supply of funding struggling to match growing demand, the NHS finds itself facing an unprecedented financial challenge.
This infographic pulls together the latest facts and figures on NHS finances and the pressures on its purse, painting a picture of a service at boiling point. The NHS Confederation is calling for a commitment from politicians for a ten-year spending settlement on the NHS to give members the space to release the pressure.
On Wednesday 23 November, the Chancellor of the Exchequer, Philip Hammond, will deliver the first Autumn Statement since the Brexit vote. He will set out the Government's taxation and spending plans based on the economic projections provided by the Office for Budget Responsibility (OBR).
Transaction update - Corporate and Banking Spring/Summer 2016Browne Jacobson LLP
The first half of 2016 has been an incredibly busy period for our corporate and banking teams who have advised on a whole range of transactions in a variety of sectors. This period saw us not only named by Experian as one of the Top 20 UK's leading dealmakers for the first three months of 2016 but also enabled our corporate finance team to pick up the coveted ‘Legal Team of the Year’ award at the Insider East Midlands Dealmakers Awards in May 2016.
Here are a selection of the deals we have been involved in which we are proud to say also include the Insider East Midlands Dealmakers Awards ‘Deal of the Year’ where we acted for PCT Healthcare on its £80m acquisition of WR Evans’ Chemists.
https://www.brownejacobson.com/sectors-and-services/services/corporate-and-commercial
This document discusses updates on UK agricultural grants and policies. It notes that some EU productivity grants have closed to new applications, but other grants from Natural England, the RPA, and local authorities remain available. The Small Countryside Productivity Scheme will reopen in early 2019. Going forward, the Environmental Land Management Scheme will provide funding to reduce emissions and protect habitats. The document also reviews recent farm income levels and issues currently facing UK agriculture.
Perceptions of the Financial Services Industry - Revisited Philip Brooks
In this edition of viewpoint, we revisit ‘Consumer Perceptions of the Industry’. We uncover who they now blame for the current economic crisis, how we make them feel, as well as the concerns we could help them address.
We also take a look into the future, assessing the potential impact of the Virgin Money acquisition of
Northern Rock.
The Chancellor announced tax cuts and increased departmental spending in his Autumn Budget. Key measures included raising the personal tax allowance to £12,500 and higher-rate threshold to £50,000 in April 2019, increasing funding for the NHS, schools and social care, and boosting the annual investment allowance for businesses to £1 million for two years. The Chancellor also set aside over £4 billion for Brexit preparations and warned that next year's Spring Statement could become a full fiscal event if Brexit negotiations adversely impact the financial forecast.
The document provides insight for food and drink businesses on various topics including:
- The upcoming summer season and sponsorship opportunities at the Bath and West Show.
- Key impacts of the recent UK budget such as frozen alcohol duties, wine duty increases, corporation tax rate reductions, the national living wage, and changes to capital gains tax, dividend taxation, and pensions.
- Opportunities for food and drink businesses to claim Research and Development tax relief to lower tax bills.
- Speculation that the new sugar tax on soft drinks could lead to further food taxes being introduced in the future.
This presentation was used to inform and educate hedge funds on TPLF a few years ago. The bottom fell out of most of the hedge funds that were in my pipeline so I decided not to quit my day job.
The document discusses consumer perceptions of the UK financial services industry. It finds that perceptions remain overwhelmingly negative, with over a third still blaming the industry for the economic crisis. Feelings of skepticism, powerlessness and frustration towards financial institutions have also proved difficult to shift. However, some optimism comes from consumers not solely blaming the industry, and from signs of increased confidence and stabilization in the sector. The document advocates for financial institutions to treat customers fairly, reward loyalty, address consumer concerns, and improve communications to help rebuild trust over time.
This document discusses ITV, a British commercial television network. It summarizes that BSkyB owns 17.9% of ITV shares, making it the largest shareholder and able to influence ITV's strategies. OFCOM regulates ITV but has limited power to enforce fines, as ITV prioritizes profits over regulatory compliance. While ITV claims to have values like commitment and integrity, critics argue it promotes poorly constructed programs and lacks loyalty. Politically, ITV's affiliation is unclear but it is influenced by its corporate owners' priorities of commercialism over quality programming.
Pensions Reform and Carry Forward rules updatejonfisher00
The Pensions Regulator has delayed the introduction of automatic enrolment (NEST) for smaller companies with less than 3,000 workers. Their staging dates will be confirmed in 2012. Investors can now carry forward unused pension allowances from 2008/09, 2009/10 and 2010/11, allowing some to contribute more than the annual £50,000 limit. Chartwell Financial Services offers advisory services to help employers and advisers prepare for automatic enrolment reforms.
Your weekly Grocery news update - 11th July 2016Lucy Allison
It's been a disappointing month for retail sales but still too early to assess the full impact of Brexit. However there's no signs of Brexit blues at Waitrose and John Lewis...
• McBride to post better-than-expected profits as restructuring project pays off
• Waitrose to slash payment terms for small food producers
• Aldi extends partnership with Team GB for another four years
• Tesco kicks off summer trading with double Clubcard points weekend
• Disappointing month for retail sales but too early to assess impact of Brexit
• No signs of Brexit blues at Waitrose and John Lewis
• Poundland agrees to £597m takeover offer from Steinhoff
• Ebay eyes possibility of pop-up stores in Sainsbury's outlets
• Iceland to open first dark store
• B&M making good progress in tough market
• Mothercare continues on path to recovery
• Co-op sells 298 stores to McColl’s for £117m
• Halfords like-for-likes slip as bad weather hits cycling sales
The document summarizes the key economic events and trends of 2009 and provides some predictions for 2010 in the UK. It notes that 2009 saw record ISA sales and a recovery in the housing market and stock market. However, it also saw high unemployment and a deep recession. Predictions for 2010 include opportunities from pension reforms but also challenges from regulatory changes and the need for advisers to help consumers understand risk.
A review of the 2017 Spring Budget and the impact it may have on individuals and businesses in the South West. Plus, an insight into HMRC's Making Tax Digital initiative.
This document analyzes trends in the UK housing market following the financial crisis. It finds that while national figures show recovery, there is significant local variation. Mortgage availability remains constrained compared to pre-crisis levels, particularly for higher loan-to-value loans. This has contributed to rising demand for rented accommodation. The government has introduced several stimuli, including equity loans and mortgage guarantees, to boost the housing market. These are expected to increase home ownership but also grow the private rented sector substantially. Underlying affordability issues remain a challenge even as interest rates remain low.
Late payments cost small businesses in the uk more than £2 bn a yearJamieMartin1706
Small businesses in the UK have been facing a total sum of £2.16bn due to overdue payments.
Out of 1.7m small to medium sized enterprises (SMEs) in the UK, approximately 640,000 businesses say that they have to wait beyond the approved terms to receive their payments.
http://www.prfree.org/news-late-payments-cost-smallbusinesses-in-the-uk-more-than-2bn-a-year-428865.html
Uk gilt holdings and qe - money for nothing gilts for freeJohn Ashcroft
Since QE began in early 2009, UK gilts in issue have increased from £600 billion to £1.6 trillion. Bank of England holdings have increased from zero to £400 billion accounting for 25% of all gilts in issue. BoE holdings peaked at almost 30% of total holdings in 2012. Overseas holdings of gilts, have doubled from £200 billion to £400 billion. In the most recent period, overseas holdings have fallen to 25% of all gilts in issue, compared to an historical average of 30%. UK institutional holdings of gilts have increased from £400 billion to £800 billion accounting for 50% of all gilts in issue. Holdings of gilts by pension funds and insurance funds have increased from just over £200 billion to almost £500 billion. As a share of total gilts in issue, pension fund and insurance company holdings have been steady at around 28% over the six year period. Other UK financial institutions have seen a fluctuation in holdings with some suggestion of “front running” i.e. buying gilts ahead of the Bank of England purchase programme to benefit from rising prices. in the initial stages. In fact, all major stakeholders in gilts have increased holdings over the five year period. This raises an interesting question about from whom has the Bank of England bought gilts as part of the QE process? Only in the very early stages of QE is there evidence of purchased from the private sector (note 7). In reality it would appear the Bank of England purchases gilts from the Debt Management Office and not from financial institutions. Asset values are guaranteed by Treasury. JKA
Dividends, yields and coupons are also returned to Treasury, which effectively enables the government to finance borrowing with a Dire Straits underpin “Money for nothing - Gilts for Free.”
Capita - A UK public sector market analysisHelen McNally
Spend Network conducted an analysis of Capita's business with UK public sector bodies from 2012-2016. The analysis found that Capita's public sector revenue grew significantly over this period from £497.3M to £973.5M but declined from 2015-2016. Central government has been a larger source of revenue for Capita than local government. Spend Network's database of over 130M transactions allows it to provide customized analysis of public sector spending and contracts to help clients make better decisions.
The retail sector makes significant contributions to the UK economy. It employs over 3 million people across the country and provides flexible employment opportunities. Retail delivers great value for customers through low prices and innovative business models. It also supports the wider economy by spending £130 billion annually with other sectors and paying £30 billion in taxes. UK retailers have embraced e-commerce, leading the world in online retail spending and sales to international customers. Overall, retail is an important, innovative sector that benefits both consumers and the UK as a whole.
Similar to PPI Refunds & The Big Mis-Sold PPI Scandal (20)
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
11. 2007
The FSA imposes fines on major PPI providers
for not treating customers fairly...
PPIREFUNDSUK.CO.UK
12. 2007
The FSA imposes fines on major PPI providers
for not treating customers fairly...
Alliance & Leicester £7,100,000
HFC £1,085,000
Liverpool Victoria £850,000
Swinton Group £770,000
PPIREFUNDSUK.CO.UK
13. 2007
The FSA imposes fines on major PPI providers
for not treating customers fairly...
Alliance & Leicester £7,100,000 Egg £721,000
HFC £1,085,000 GE Capital £610,000
Liverpool Victoria £850,000 Loans.co.uk £455,000
Swinton Group £770,000 Capital One £175,000
PPIREFUNDSUK.CO.UK
16. MAY 2008
Which? publishes research into PPI sold alongside
loans. 2 Million people have been sold a policy
they will never be able to claim on...
PPIREFUNDSUK.CO.UK
39. WHO ELSE HAS BEEN MIS-SOLD PPI?
PPIREFUNDSUK.CO.UK
40. WHO ELSE HAS BEEN MIS-SOLD PPI?
To find out if you have a claim and to get YOUR
money back... Call PPIRefundsUK on freephone
0800 840 7292 or visit
www.ppirefundsuk.co.uk
PPIREFUNDSUK.CO.UK