Another Article

An investigation is currently being carried out at Positive Solutions into an alleged fraud by one of its advisers.

A spokesperson for Aegon, which owns Positive Solutions, confirmed there was currently an internal investigation underway into the conduct of an adviser employed by the nationwide IFA firm.

She said: “There is an investigation underway into alleged fraud by an adviser. It is ongoing so we can’t give out any further details, but Positive Solutions are leading on the investigation.

“It is about funds that have gone astray from the company.”

Lee Werrell of CEI Compliance added; “Data protection and storage of third party details and authorities is vital to the efficient use of technology. Companies of all sizes do not realise that there are holes in the processes and procedures as they become snow-blind in dealing with the systems every day.

“Payment Card Industry Data Security Standards (PCIDSS) is becoming more and more of a requirement, especially for public data storage from cedit and debit payment cards. These standards can be mapped across and implemented in most systems commonly held within financial and non-financial organisations. 

As Stellios Haji-Ioannou, Founder of Easyjet said; “If you think Risk Management is Expensive – try an accident”

Positive Solutions have now had their accident.”

Share This Post