Astute Financial Management Invites You To Invest Your Pension

North Cyprus News | Astute FMA UpdateWithout Prejudice

It never ceases to amaze me how in north Cyprus even the most questionable of people get invited to write on subjects and give advice regardless of their track record. I’m talking about Scott Kennedy, Director of ASTUTE FINANCIAL MANAGEMENT ASSOCIATES LTD, who has written a long article trying to tempt people to cash in their pensions and invest them with him. ยน

Seems that the LMI scandal is forgiven/forgotten and it is business as usual for the Financial Advisers at the centre of this.

What about those folk whose living standards are much diminished because they invested their hard earned cash on the advice of the author of this blog above?

I personally know several people who lost considerable sums on money thanks to this advice, two of whom are now deceased. Thank goodness I resisted the invitation of a friend, to do as he had done and invest in this fund.

Do I personally believe that any investor will see a return of their capital….no.

This, though published some time ago, makes interesting reading.

Whatever the outcome of this scam is, I for one would not be taking any advice from those who recommended investing in LMI on any subject, least of all finance which of course includes pensions.

Pauline Read


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7 comments to Astute Financial Management Invites You To Invest Your Pension

  • cyprusishome

    Given that the product this company conned people into investing in was barred in the UK I cannot believe the owner still holds any form of accreditation. Yes people were swayed by the lure of higher than normal interest but to persuade pensioners to part with their life savings on a high risk investment was at best immoral!!!

  • Polly Marples

    I seem to remember Cyprusscene allowing a blog recommending this company and this scheme. Makes you wonder if BES’s is operating (brown envelope syndrome). Clearly some folk have hides like rhinos.

  • Polly Marples

  • Polly Marples

  • Polly Marples

    Cyprusscene are censoring negative comments, and I can see no positive ones under this blog.

    Time someone made a formal complaint to the POLICE in north Cyprus about this company?

  • fluter

    Oh ha-ha-ha. Yes, great idea. Rolls on floor, holding splitting sides.

    Make a formal complaint to the Police? I seem to remember Pauline doing that, don’t I?

    They are probably involved!

  • Polly Marples

    Oh yes….