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Usin a sipp to invest in cape verde

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  • coyrls
    coyrls Posts: 2,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I cannot believe anyone falls for cold calls, once in a lifetime opportunities etc, etc

    Doesn't anyone use common sense anymore, or read the press?

    Well I guess not, but it still amazes me!

    Cheers fj

    Amazing isn't it, you'd think they would listen to the experts wouldn't you? Wouldn't you?
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    "We are the experts sir. This is why we can offer such good investment gains".

    Last time I got a call like this I asked the sales person if they were interested in getting 10% tax exempt from a legitimate UK investment. Next time I may mention investing in care homes. Same thing, a VCT. If they don't bite on that maybe they will go for student accommodation in Cardiff at 12% taxable. A P2P property development loan.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    jamesd wrote: »
    Last time I got a call like this I asked the sales person if they were interested in getting 10% tax exempt from a legitimate UK investment. Next time I may mention investing in care homes. Same thing, a VCT. If they don't bite on that maybe they will go for student accommodation in Cardiff at 12% taxable. A P2P property development loan.

    "We're well acquainted with P2P websites sir... no, we never loan money on them..." :wink:
  • The company highlighted in this thread and the BBC panorama programme that featured them prompted me to start a petition to ban cold calls for pensions and investments

    Sorry I'm not allowed to post the link so you will need to go to

    Petitions.parliment.uk and search for Cold Calling


    Please sign up and pass it on through social, media, email etc for your friends and colleagues to sign as well
  • DesG
    DesG Posts: 1,291 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The company highlighted in this thread and the BBC panorama programme that featured them prompted me to start a petition to ban cold calls for pensions and investments

    Sorry I'm not allowed to post the link so you will need to go to

    Petitions.parliment.uk and search for Cold Calling


    Please sign up and pass it on through social, media, email etc for your friends and colleagues to sign as well


    There is already a thread on here for the petition:-

    https://forums.moneysavingexpert.com/discussion/5529558
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