Browsing Category: "Reverse Pension Plan"
Global Pension Plan playing mind games?…
It’s been known for some time that the Global Pension Plan site was not accessible. The Turing code feature appeared to be disabled. For many, myself included, this strongly signalled that we’d reached the end of the road. They were long gone.
But wait, wait…what’s this the site is back again! Am I to be proved wrong in the end? Will the phoenix rise from the ashes and deliver on its promise?
Who can tell, I know I can’t. Is this just more teasing or a genuine attempt to re-establish contact? So many questions, so few answers.
When I logged in all my account details were correct, my downline is still intact and the earnings figure is still the same. And yet there is no announcement or update…total silence.
Are they playing mind games with us to see whether we’ll fall for more deceit or will the payout happen, who knows.
My sceptical antennae are working overtime at the moment. I still remain to be convinced that we’ll see any money. But at least they’ve re-ignited some interest in Global Pension Plan so expect more speculation from all sides…including me.
World Pension Plus ask members to check…
There is a new update from World Pension Plus (WPP) that is asking members to ensure they have updated their details at the Yardas site.
WPP is another Reverse Pension Plan (RPP). This is a scheme where an insurance company will payout on a pension policy ahead of time. So, let’s say you are 40 years of age. You purchase an RPP and once the required number of members have been signed up the funding company will pay you a lump sum. As an example WPP will pay out $80,000 per policy. The policy itself is worth more than that so once it matures the financing company will take the full value. As the number of policy holders will span a wide age range the funding company can predict what level of funding they will receive each year. In the example I’ve quoted above the funding company would have to wait 25 years for the payout whilst you receive part of it now.
The investment per policy does vary between providers but for WPP it is $55. They are also running a special offer where for every policy above 5 you purchase you’ll get 1 free. There is no limit to the number of policies an individual can purchase although there is an age limit for being eligible. Anyone over 66 years old is not able to profit from the RPP but they can still earn referral commissions.
Whilst no-one can predict how long it will take WPP to close they have a significant number of members already.
World Pension Plan edges nearer to closing…
Whilst no-one could say that the remaining Reverse Pension Plans are shooting towards their targets there is some progress being made.
Take the case of World Pension Plan. Their target is 70,000 policy sales and at the moment there are just over 3,500 remaining.
What will you get if you decide to invest? Well, firstly the investment you need to make is not that high, $55 per policy. And for each policy you have you will receive $80,000 in return. You will need to provide some proof of identity but apart from that the whole process is pretty straightforward.
Payment is made via Liberty Reserve and you will receive confirmation once the payment is made.
In an effort to speed up the purchase process there is currently an offer where for every policy purchased above 5 by an individual you would receive an additional one free.
If you want to tell others about World Pension Plan there is an incentive plan that you can join. This provides the necessary referral links that you can send out to others or include as part of an email signature or other marketing method.
Given that the number of policies remaining is relatively small all of the hard work in attracting a critical mass of members has been done and with a fair wind it shouldn’t take too long to close out. For what is a relatively modest outlay World Pension Plan is offering a great return.
HCI25 post news on their Home Page…
I don’t think anyone could single HCI25 out as providing consistency in the way they do things. Their latest news item appears on their home page and informs visitors that the latest LDTP will start tomorrow, 14 April.
Clearly it is too late to take part in this latest offering unless you have funds readily available in a payment processor so I’m not sure why they are making this particular announcement at this time. They also say that the next LDTP offering will be on May 17th.
I know from previous postings that I’ve seen on other forums that they tend to ignore any expressed doubt over their service but I do find it strange that they still publicise these new opportunities but won’t address genuine concerns that existing policy holders have, not the least of which is why they haven’t paid on previous LDTP schemes that have now matured.
As I understand it no LDTP will be paid out until the remainder of the RPP policies have been purchased. Whilst I find this somewhat difficult to understand they hold all the cards so there is not much we can do about it practically.
So, the news that there are now 190 RPP policies left should galvanise members to get this closed out and see whether the Emperor’s new clothes really do exist or not.
And yet…
Once again the update is not totally clear. Are there in fact only 190 policies left or do we need to add to that the 464 that have been confiscated from recently excluded clients?
They also report that they have sold 980 contracts in the second RPP they have started. That seems pretty bizarre to me as I’d have thought people would have purchased the first tranche so that they know the payout will happen before parting with any further funds…but then logic has always been a curse I’m saddled with!
The quandary that HCI25 presents…
An email was issued today from the CEO of HCI25. This is something of a departure from normal communications as most updates are published directly on the website rather than sent to individuals. So, it must suggest that extraordinary measures are being taken with this approach.
In fact the email is fairly typical of those from HCI25 in as much as there is a fairly robust defence of how they are performing and only fairly imprecise details of when payments may likely start.
At the beginning of 2010 there was something of a furore when the company attempted to pass off some photos as having been taken at the first investment seminar whereas there was evidence that the photos were of a completely different event. Whatever the rationale it did not go down well with the membership.
Episodes like these have not shown HCI25 in a good light and they do struggle to convince people that they are genuine. Putting forward a strong rebuttal of all the negative commentary the latest email could make people think a little and perhaps give the HCI25 team a little more time to prove their claims about payments and when they will start.
There is some optimism in the update and hopefully this will be fully realised in a realistic timescale.
Imperia Invest debate spans the extremes…
I don’t think that any online investment has sparked such fierce debate as Imperia Invest. Of all the posts I’ve penned the subject of Imperia Invest has created the fiercest debate.
On one extreme we have those who have a wholehearted befief that Imperia is genuine and will faithfully pay to the other where whatever is said they are convinced that Imperia is a scam.
So, who is right? Well, from everything I’ve seen neither camp provides conclusive proof one way or the other. From the supporters we’re told that some mebers have already received their cards and their funds are available. My problem of course is that I have not yet seen verifiable evidence that this is true.
On the other hand those who proclaim Imperia a scam put forward arguments about lack of evidence of offices being where they say they are and insufficient information about the new debit card provider. Again I’m not convinced because any astute financial organisation would be very wary about providing too much information regarding their whereabouts and even more so about another financial organisation.
Of course I expect this debate to continue raging until we have conclusive proof one way or the other as to whether Imperia will pay out. Personally, I’m not spending an awful lot of time worrying about this as we have a published timetable to follow and admittedly infrequent updates but at least they do communicate.
I’m keen that the debate continues but I will start to be harder on comments made unless there is specific evidence to back them up.
HCI25 piles on the frustration…
As the days pass online investors are becomingly increasingly frustrated at the antics of HCI25. This particular opportunity has see-sawed backwards and forwards for the last few months. Their site has been moving from host to host and the downtime has been significant and they are still not out of the woods. Many people struggle to get access and the support about this and other matters is virtually non-existent.
The most recent problem arose when the admin reported that the investor meeting in New York had been a success and photos would be loaded onto the website. As it happens the photos that were presented appear to have been about some other event entirely and even though the admin has rebuffed accusations of deceit there is still a doubt in many people’s minds.
Recently HCI25 launched a 2nd Reverse Pension Plan (RPP) as they insisted the demand would be there. And yet when asked about the current situation on when payout will happen the response is generally such that more policies need to be sold. Clearly even the ever optimistic online investor can only stomach so much misinformation and evasion. If HCI25 came out and provided clear information about the status of where things are likely to be in one month, two months etc we would at least be in a position to make informed decisions.
At the moment we are all left to speculate as to the future and where it might all end up. Let’s hope we learn more sooner rather than later.
World Pension Plus ask members to provide details for Yardas…
All World Pension Plus (WPP) members should receive an email (perhaps even multiple copies!!!) asking them to visit www.yarfin.com so that they can provide their details to speed up the verficiation process when it starts.
The site is actually for Yardas who are the bank involved in the transaction. The details being requested are already on the WPP site so there is nothing sinister going on here. You should however make sure that the information you provide does match what is on the WPP site or they may be problems in the future.
As I’m in the UK the site came up for me fairly quickly and I was able to complete the form without any problems. The email does say that if you have trouble loading the site then leave it and come back later. This may well happen as US members begin their day so don’t be too concerned if you can’t get in straightaway.
Of course WPP is still under something of a cloud given their recent update introducing a new Hapton-Gratsos sourcing fund provider as their website is very new and hosted on the same server as Yardas. That aside I see no reason why completing this latest form should be a problem.
World Pension Plan (WPP) shift the goal posts…
The latest update from the admin of World Pension Plan (WPP) suggests that Reverse Pension Plans (RPP) will carry on from where they were in 2009, unconvincing and seemingly never ending.
I’m somewhat in two minds about this latest update. In brief the financial crisis of 2009 has meant that one of the original partners in the scheme has had to pull out because of differences in interest rates leading to a potential shortfall for the programme period. WPP do say that there is another financial partner lined up but as part of this agreement the number of policies needed to be purchased rises from the current 64,000 to 70,000.
This inevitably leads to further delay and raises once again the question surrounding the viability of Reverse Pension Plans. Already I’ve read commentary on both sides of the argument, one saying that this latest example proves yet again that RPP’s are a scam, the other taking a more optimistic view and saying that at least the admin is giving sound reasons for the change and this doesn’t necessarily mean the end of the opportunity.
Whichever view you take it doesn’t reflect well that more delay is being imposed and further funds sought. The reasons for the change may well be legitimate and if an RPP had already paid out I think the argument may well have been less vocal but it still remains that no RPP has completed successfully to date.
I have one policy with WPP and I’m not going to make any further purchases for myself. Others may see this as a golden opportunity to bolster the number of contracts they have as the admin reports latent demand does exist.
At the moment I believe there are better uses for my funds although I will be only too happy to be proved wrong.
World Pension Plan (WPP) closing soon?
Which Reverse Pension Plan (RPP) is likely to get to the finishing line in first position? Actually the question should probably be which RPP will make payouts first as there is still uncertainty over this issue.
The continuing poor communication is a source of frustration to many and does the providers no real favours.
However, as the end of the year draws ever closer it seems that World Pension Plan (WPP) are making optimistic noises about closing applications and starting the validation process. As other typical RPP’s to become a member you make an investment of $55 per contract. When payouts commence you will receive $80,000 as recompense for waiving any rights to the related pension plan contract.
In an effort to close things out quickly they have an offer where if you purchase 6 contracts or more you will receive a free one for each. Given the small number of reported contracts remaining this should easily be achieved hence the assertion that they may close soon.
As ever nothing with RPP’s is straightforward and it would seem to me that in reality we may have to wait a little longer than logic would tell us before things finally close but there does seem to be an opportunity here to join near to closing.
I have made a single investment at WPP as I wouldn’t want to miss out if it closes shortly but I don’t want to tie up a lot of funds if things drag out. Let’s hope we hear some good news before the noughties are over.
