TELL US IF YOU'RE HAVING PROBLEMS WITH OFFSHORE MONEY MANAGERS HAMILTONS FINANCIAL SERVICES SL ROTHSCHILDS EQUITY RELEASE PALMERA PROPERTIES PREMIER LOW RISK FUND EQUITABLE LIFE
Tel 952884261 / 952883388 2 MILLION POUNDS See Magazine on left ++++++++++++++++++++++++++++++ We have many complaints about equity release plans sold in which are now outlawed in the Senior people need a lifetime loan with no repayments during a lifetime. So many have been sold Equity Release rubbish which invests your money to pay the interest on the loan less crippling costs. Such plans always die in their prams. They have no chance of success. Our cases involve dreadful firms of UNLICENCED financial advisers such as Rothschild Bank International, Barclays, Danske Bank, Landesbanki to name but a few. WANT TO JOIN ONE OF OUR CLASS ACTIONS AGAINST ROTHSCHILD / LANDESBANKI OMM, HAMILTONS, HENRY WOODS? LATEST: ROTHSCHILD'S CAUSE STRESS TO 88 YEAR OLD MAN & 87 YEAR OLD LADY CALL 952884269 or info@costa-action.co.uk HAMILTONS FINANCIAL SERVICES SL LA CALA MALAGA SPAIN Unlicenced Unqualified No Indemnity ´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´ Parashani SL t/a Hamilton Homes and t/a THE SPANISH CROWN PROSECUTION HAS TAKEN ACTION AGAINST the Judge instructed the Financial Services ( CNMV) to take immediate action without limitation and investigate the following companies who are accused of trading unlawfully in Spain without Licences, and mis-selling, and report to the courts. In the summing up the Judge stated that this could well have an effect on the economy of Spain). The case is still ongoing as at August 2008 Colin McCready Offshore Money Mangers Christopher Labrow Labrow International Brewin & Dolphin John Findlater OBE Linnco Europe Ltd Rock Financial Services Ltd ( Closed down by the Gibraltar Financial Services) Donald Nott, Henry Woods Investment Management (Now Closed) Neil Taylor Anglo International Hansards Isle of Man Charles Emmitt Knights Insurance Brokers. Kevin White Allied International. Although the present judgement is against those named in the action, subsequently other unregistered Independent Financial Advisors will also be named in the action with many large financial Product Providers held to be liable for supporting unlawful Financial Advisors. Further details available from our Lawyers IURA Despacho Jurídico Tel.: ( 0034 )952 477108/ 952 477112 Fax: ( 0034 )952 477116 All members of the Action Group are asked to pay 250 Euros Non Refundable as a one off payment for life membership. This money is used solely for the production of the Costa Del Sol Magazine. Committee Members pay their own expenses and all work on a voluntary basis. All committee members are victims of mis selling. ´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´ The Comisíon Nacíonal del Mercado de Valores (CNMV) and the National Fraud Squad in Madrid estimate that the number of expatriates who have suffered at the hands of unscrupulous and unauthorized financial advisers could run as high as 17,000 foreigners in Spain. ´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´ Whilst every effort is made to maintain the accuracy and reliability of the information on this website, The Costa del Sol Action Group ís quite happy to amend any information within this web site or any other published material upon receipt of accepted documentation. We accept no responsibility for errors and omissions regarding the information published. We cannot accept any responsibility for readers responding to items published and suggest that further professional advice and information is sought from bonifide and reliable sources. WE EXPOSE FINCANCIAL ADVISORS WHO HAVE WE INVITE COMMENTS FROM IFA'S WHICH WE WILL GLADLY PUBLISH WE EXPOSE PRODUCT PROVIDERS WHO WORK KNOWINGLY WITH WE INVITE COMMENTS FROM PRODUCT PROVIDERS WHICH WE SHALL GLADLY PUBLISH WE EXPOSE THE FINANCIAL SERVICE REGULATORS LOSSES OF OVER 150 MILLION POUNDS STERLING ´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´´ The UK Financial Services Authority (FSA) have issued A firm must conduct its business with integrity.
There is no equivalent of the FSA here in Spain. If you are thinking of investing capital here in Spain it is therefore essential that you first ensure that the company/independent financial adviser you choose can satisfy these conditions. You should carry out thorough checks to ensure that the product provider of the investment you have selected has full professional indemnity cover so that you have recourse to full financial insurance protection in the event of the adviser’s negligence and a successful claim, and also make sure that the product itself is approved for distribution in Spain. It is also important to determine, in advance, precise details of the complaints procedure were a disagreement to arise, and what opportunities exist for independent arbitration in the event that a dispute is contested. Background checks on the advisory firm are also a perquisite and the firm should be able to indicate its long-term compliance record in all areas of its business activities, be it in Spain or elsewhere. The Spanish regulators CNMV have a web site and telephone number available for people to check to see if a particular company is registered with them to be able to offer financial advice or services: Tel: (0034) 91 585 1500 Fax: (0034) 91 319 3373 Website: http://www.cnmv.es
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