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Pensioners ‘kidnap and torture’ financial adviser for losing their savings

A mob of pensioners in Germany are alleged to have kidnapped and tortured their financial adviser after losing £2m of their retirement savings.

The five pensioners are said to have held their adviser, James Amburn of investment firm Digitalglobalnet, hostage for four days in an unheated cellar, attacked him with a zimmer frame and burned him with cigarettes, according to reports.

The attack came after the pensioners, all aged between 60 and 79, allegedly lost their money in Florida property investments.

Amburn, 56, was eventually rescued by armed police, but was left with broken ribs after the ordeal.


High society pensions

Having just received a voting package from Nationwide, and considering the current talk about MPs’ final-salary pensions, I thought I should ask Nationwide what type of pension scheme they have, particularly for the chief executive Graham Beale.

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


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