Rich Coming From Him

This is rich coming from the man who has just made a huge fortune in a very short time from closed zombie funds. His previous Resolution group's service was deplorable. Policyholders in the many funds he purchased were trapped within his company for fear of horrendous penalties for moving their funds and saw no benefit other than to him. The FSA and the politicians just let it happen. One MP in South Wales by the name of Flynn raised the subject in the house of commons some year ago but nothing came of it. He is now off again,backed by many of the industries large insurance companies, attempting to pull off the same trick. When are policyholders going to see any benefits from his conjuring tricks. I suspect never. OBSR honours awards! I hope he was not given one. Resolution Mark 1 did not do anything for policyholders or the reputation of our industry.

posted by : John Smyth, 10 Sep 2010 | 14:40
Rich Coming From Him

This is rich coming from the man who has just made a huge fortune in a very short time from closed zombie funds. His previous Resolution group's service was deplorable. Policyholders in the many funds he purchased were trapped within his company for fear of horrendous penalties for moving their funds and saw no benefit other than to him. The FSA and the politicians just let it happen. One MP in South Wales by the name of Flynn raised the subject in the house of commons some year ago but nothing came of it. He is now off again,backed by many of the industries large insurance companies, attempting to pull off the same trick. When are policyholders going to see any benefits from his conjuring tricks. I suspect never. OBSR honours awards! I hope he was not given one. Resolution Mark 1 did not do anything for policyholders or the reputation of our industry.

posted by : John Smyth, 10 Sep 2010 | 14:40

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