2.2 Integrity failed to pay due regard to the information needs of its clientsfailing to record adequately why the GTEP product was the most suitable product for the client.
Complaint Review: Katrina Stamp- - Internet
- Katrina Stamp- Internet USA
- Phone:
- Web: http://katrinastamp.com/
- Category: Financial Services
Katrina Stamp, I lost my house and marriage Portsmouth Internet
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Katrina Stamp commits CV Fraud
Katrina Stamp worked for her husband at Integrity Financial Solutions Limited (company registration number 03525767) as compliance officer and director.
The proof of this can be viewed on the FSA register here - fsa.gov.uk/register/firmContact.do;jsessionid=4cf0967576e94527b429ac3352d73456.s6fNml1Ka38InBbv-ArJrwTPoNCNa30Ocybtah0IaNuIahiIbh0IaNfwmxiInxiObk9ynhvybMSHc30Ka2aToi5hch0Na2TSn7bvq70KawTAqQ4InQXQ-BjF8NaOc3uKc2bMnkrDqRfzqwbMnkrDqRfzqwbynknvrkLOlQzNp65In0__?sid=91525
On 12 October 2009 Integrity Financial Solutions Ltd received a public censure from the Financial Services Authority (FSA)
Proof of these events can be seen here - fsa.gov.uk/register/firmDiscHistory.do?sid=91525
The FSA said this:
2.4 Integrity in its role as product provider failed to ensure that its GTEP promotional material was drafted in compliance with the requirement to be clear, fair and not misleading, in contravention of Principle 7 by:
failing to ensure that the GTEP promotional material, particularly its earliest brochures, that were provided to IFAs and subsequently to clients explained the product in a manner that was clear, fair and not misleading;
failing to give the IFAs sufficiently balanced information in relation to the risks of the GTEP product. This contributed to IFAs advising clients to purchase a GTEP product that was potentially unsuitable considering their individual circumstances, also breaching COB 3.8.8.R; and
not ensuring that Integrity clearly and consistently communicatedto to IFAs the appropriate risk rating to be attached to the GTEP product.
2.5 Integrity’s failures are regarded by the FSA to be serious for the following reasons:
as product provider, the lack of a balanced explanation of the risks of GTEPs in its brochures may have contributed to IFAs advising clients to purchase GTEPs that were unsuitable to their individual circumstances; and a significant proportion of Integrity’s direct GTEP sales reviewed by the FSA consisted of clients who had raised the capital for the investment by re- mortgaging their primary residence.
Failing to demonstrate adequately the suitability of the product is more serious when the security used for the investment loan is the family home as the impact on clients is potentially the
loss of this home.
Katrina Stamp
Is now Group Operations Director at Vitesse PLC, her CV is here
linkedin.com/pub/katrina-stamp/9a/a40/7b1?trk=biz_employee_pub
Katrina Stamp commits CV fraud as she lies about being an operations director in her past career.
Katrina Stamp commits CV fraud as she omits from her CV that she was the compliance director at Integrity Financial Solutions Ltd
Katrina Stamp commits CV fraud as she lies about beinga an operations director at UKIFD and PPF.
Katrina Stamp commits CV fraud as she lies about being a film producer, she is a freelance makeup artist http://katrinastamp.com/
Many innocent people lost their life savings and homes in part because of her compliance failures and now shehas lied about her CV to get a high powered job. Profiting from lies, deceptions and missrepresentations has to be wrong.
This report was posted on Ripoff Report on 05/10/2015 01:19 AM and is a permanent record located here: https://www.ripoffreport.com/reports/katrina-stamp-/internet/katrina-stampnbspnbspnbspi-lost-my-house-and-marriage-portsmouth-internet-1228054. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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