Offshore -Payments? : Thu Apr 02, 2009 8:44 am  

http://www.guardian.co.uk/sport/2009/ap ... e-payments Will Giants be effected by this?

http://www.guardian.co.uk/sport/2009/ap ... e-payments Will Giants be effected by this?

: Thu Apr 02, 2009 8:53 am  

I think our money men are up there with the canniest but are also very prudent and that we'll be fine. He says. Famous last words!

: Thu Apr 02, 2009 11:46 am  

Ken Davy is a very respected figure in the Financial Services Industry and I for one cannot see him wanting to put his name to anything that is not Kosher.

: Thu Apr 02, 2009 11:53 am  

But that's the point, isn't it? This loophole was legit and is now being closed. As such, I wouldn't be at all surprised if we had used it.

: Thu Apr 02, 2009 12:14 pm  

It would be very foolish not to.

Also, ofshore investments & deposits are not a way of avoiding paying tax, just a more effecient way to do it, usually for higher rate payers, yes its a loophole, and yes its being closed.

No biggie.

In the long run it might mean fewer aussie imports on big paypackets as it wont be as big a payday for them as it is.

: Thu Apr 02, 2009 12:21 pm  

Big Stuart wrote: Ken Davy is a very respected figure in the Financial Services Industry and I for one cannot see him wanting to put his name to anything that is not Kosher. Really? Just mis-selling pensions and misleading isa advertising. http://www.independent.co.uk/news/busin ... 37110.html http://www.independent.co.uk/news/busin ... 92357.html

Big Stuart wrote: Ken Davy is a very respected figure in the Financial Services Industry and I for one cannot see him wanting to put his name to anything that is not Kosher. Really? Just mis-selling pensions and misleading isa advertising. http://www.independent.co.uk/news/busin ... 37110.html http://www.independent.co.uk/news/busin ... 92357.html

: Thu Apr 02, 2009 1:20 pm  

Every advisor on pension in the country got his with fines for pension review, DBS got charged the most because at the time they were the largest IFA network in the country

Feel free to actually do some research in future.

: Thu Apr 02, 2009 1:25 pm  

Just giving some balance to the comment that he wouldn't put his name to anything not Kosher. Feel free to actually read in future and not be so condescending.

: Thu Apr 02, 2009 2:19 pm  

I think I treated your post with all the respect it deserved

Whatever you think, Ken Davey is a respected man in the financial services world, having built up two very successeful companies and founded an entire industry himself.

If you had done some deeper digging, certainly with regard to the ISA issues you would also learn that the fines were much, much reduced because of the level of co-operation from DBS with the FSA.

And finally, making a mistake that is later censured is not a sign of crookedness, just of error making, and given the FSA are happy to apply rules retrospectivly its also to be taken with a pinch of salt.

: Thu Apr 02, 2009 2:20 pm  

digger wrote:

Really? Just mis-selling pensions and misleading isa advertising.

Comments such as these can only come from one type of person - A Huddersfield Town Fan. If only they realised what Ken Davy has given them - life and breathing space until someone else could take over. This is all the thanks he gets. Yes we know he only did it to keep the Stadium for The Giants, Yes we know je has a hidden agenda, Yes we know he must have made a fortune out of Town. Yawn. I'm going back to sleep. Someone should put Digger to sleep as well.