Charles Stanley hits out at £2.6m Keydata bill

Independant Investigation Urgently Needed

It needs to be asked WHY those who criticise advisers who used the Life Settlement Plans feel they knew better than the author commissioned by Keydata with editorial independance. An extract appears below. As part of my due diligence I ensured I had checked the credentials of the writer and yet the IMA wish to call for ALL advice given on Keydata plans to be looked at, when in fact perhaps it should be what actually happened is looked at BEFORE any witch hunt. Extract follows; Product review by Debbie Harrison, SeniorVisiting Fellow of the Pensions Institute at Cass Business School and contributor to the FinancialTimes The Secure Income Plan offers private investors attractive income and growth prospects via a relatively new asset class – the secondary market in US life assurance products – hitherto only available to institutional investors. About the author Debbie Harrison is a SeniorVisiting Fellow at the Pensions Institute, Cass Business School, where she is a researcher and the co-author of four landmark pensions reports. Elsewhere she has published a wide range of UK and global retail and institutional finance books and research reports and has been a contributor to the FinancialTimes on pensions, investment, alternatives and expatriate issues for 20 years. In addition Debbie is a consultant to major financial institutions and also runs financial training courses for institutions and government departments, including the Department forWork and Pensions, HM Revenue & Customs, and the Office for National Statistics. She is a trustee of the Financial Inclusion Centre, a financial research charity, and she is an adviser to the DWP on pension reform. Keydata commissioned Debbie to write this product review.The firm provided technical assistance but she retained editorial control throughout.

Posted by: Nameless