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Posted in Deception, Finance, Fraud, Free/Libre Software at 11:45 pm by Dr. Roy Schestowitz
Sounds familiar? Yes, Standard Life (2011-2016). Seems like a pattern…
TPR confirms end to ‘serious’ admin issues at Now Pensions
=> ↺ TPR confirms end to ‘serious’ admin issues at Now Pensions
Image: TPR confirms end to 'serious' admin issues at Now Pensions
TPR forces Now Pensions to overhaul admin system after £18m failing
=> ↺ TPR forces Now Pensions to overhaul admin system after £18m failing
Image: TPR forces Now Pensions to overhaul admin system after £18m failing
NOW:Pensions failed to collect £18m of contributions
=> ↺ NOW:Pensions failed to collect £18m of contributions
Image: NOW:Pensions failed to collect £18m of contributions
Now Pensions fined for ‘long-running issues’
=> ↺ Now Pensions fined for ‘long-running issues’
Image: Now Pensions fined for 'long-running issues'
Summary: The above is important because of the timing. After 5+ years of pension fraud at Sirius ‘Open Source’ the company enrolled staff without paperwork/signatures and barely with any consent (in late 2016); to make matters worse, a few years ago it upped staff contribution levels without increasing its own, in effect forcing staff to send even more money (one’s own money, not the company’s) into this dubious pot with uncertain future.
=> pension fraud | Sirius ‘Open Source’ | with uncertain future
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