Weekender Alicante South Issue 119

More documents

Recommendations

Info

2 FRIDAY 29TH NOVEMBER 2019 www.weekender.news 7 DAY FORECAST Please be aware, due to micro climates, forecast may change. Forecast is accurate at time of print. FRI SAT SUN MON TUES WED THURS Fury at Franco 29th Nov 30th Nov 1st Dec 2nd Dec 3rd Dec 4th Dec 5th Dec 21ºC 21ºC 18ºC 14ºC 13ºC 14ºC 12ºC 12ºC 11ºC 10ºC 9ºC 8ºC 7ºC 8ºC General Enquiries info@weekender.news Text / WhatsApp: +34 6022 99 523 Read The Weekender Online www.weekender.news/read News & Editorial newsdesk@weekender.news Send Us your news and letters, we welcome all submissions. Letters and news are printed at the editors’ discretion. Please include your full name for ‘By Line Credit’, credit cannot be given if not provided. If you do not want your name in print please state this clearly Sales & Advertising Sales@weekender.news Office - 966 580 636 Sales Direct - 602 296 180 Deadline for advertisers, advert changes & article submissions is Tuesday, midday for Friday distribution. @TheWeekenderEs @TheWeekenderSpain The Weekender (Registered Trademark Pending) Editor-In-Chief Marco Baiardo - Y1153737-W. Deposito Legal - A375-2017. C/Castellion 5 Benidorm, 03500. The Weekender Newspaper, its publishers, members of staff and its agents do not accept responsibility for claims by advertisers nor can it be held responsible for any errors in advertisements which are reproduced from poor artwork, lowquality electronic data or inadequate instructions for text or other layout features. Further, no responsibility is accepted for any loss or damage caused by an error, inaccuracy or non-appearance of any advertisement, although all advertisements produced are checked prior to insertion. We regret that we cannot accept responsibility for more than ONE incorrect insertion and that no republication will be granted in the case of typographical or minor changes which do not affect the value of the advertisement. E&OE. No part of this newspaper may be reproduced without prior written consent of the publishers. The Weekender Newspaper is printed by SILSA SERVICIOS DE IMPRESIÓN DE LEVANTE S.A. GRUPO Z TOPLESS protesters interrupted the annual commemoration for dictator General Franco, who died 44 years ago. The half-dozen women, from the feminist group Femen, descended on the Plaza de Oriente in Madrid on Sunday chanting “for fascism no honour and no glory,” with the same slogan written on their chests. They were quickly removed by police. A few hundred Franco supporters turned out for the event, held around November 20th each year to mark the anniversary of the Pedro Sánchez by Alex Trelinski dictator’s death in 1975. Jesus Munoz, the leader of the fascist Falange party, said the march was against the “desecration” of Franco’s remains, which were exhumed and moved from the Valley of the Fallen mausoleum in October, and against Spain´s historical-memory law which recognises those who suffered during Franco’s dictatorship. “Now they start desecrating tombs, this is not going to be like 1936 (when the Spanish Civil War started) but much worse,” he Coalition offer THE LARGEST separatist party in the Catalunya region has voted to support a new national government in return for talks on independence. About 95 per cent of members of the Esquerra Republicana de Catalunya (ERC), a social democratic-based party, backed the move in a ballot. The ERC could now become kingmaker to the PSOE Socialists who failed to win a majority in this month's election, but have decided to form a coalition with the far-left Podemos party. But their combined tally of seats, 155, is still short of the 176 stated. During Franco’s brutal regime, tens of thousands of his enemies were killed and imprisoned in a campaign to wipe out dissent, and as many as half a million combatants and civilians died in the civil war of the late thirties. by Alex Trelinski required to form a parliamentary majority. With the ERC's 13 seats and a possible combination of support from other leftist or Basque parties, Prime Minister Pedro Sánchez would find it easier to continue in office at the head of a coalition. However, the PSOE have firmly opposed granting Catalans a legal independence referendum, while recognising that both Catalunya and the Basque Country are nations within Spain, and not just regions.
Facebook: @TheWeekenderSpain FRIDAY 29TH NOVEMBER 2019 3 Orange banking ORANGE has begun a mobile-only bank in Spain, tempting customers with a discount on their mobile phone bills. Having launched in its home market of France two years ago, Orange Bank ar- by Alex Trelinski rived in Spain this week, with customers able to open a current account with a Spanish Iban without any registration fee. The bank is also offering a one per cent interest rate for deposits of up to 20 thousand euros and a 30 euro discount on the customers' next mobile bill. The 100 per cent mobilebased service, lets users perform all their day-today banking operations, such as checking their expenses, paying with Apple Pay, moving money between accounts, making free Sepa transfers, and managing their Mastercard debit card. The app also has chat functionality where customers can talk to bank agents, while a "group management" feature allows the sharing or transfer of funds and expenses among several people. Narciso Perales, general director, Orange Bank in Spain, says: "Our hallmark as a leading telco enables us to be the most suited to design a mobile banking service for today’s highly mobile population." I often wonder how people get drawn in by scammers, you hear of it all the time but how does it happen? How do people allow it to happen? I was recently approached by a couple who were considering investing their life savings. They had recently sold their house here in Spain and wanted a low risk investment which would provide them with a steady income. In the past this could have been achieved by depositing cash with your bank and getting a reasonable return on your savings, however with interest rates at an all-time low, people are being forced to shop around. So where do you start on your search for an investment product? Well my clients understandably googled ‘safe’, ‘low risk’ investments and were overloaded with many different options. Not knowing where to start, they postponed their research and opted to speak with a professional who can at least explain in simple terms how investments work and what would be most suitable. Days later, my client was on his laptop checking his emails when he noticed a ‘low risk’, ‘safe’, ‘capital protected’ advert appear on the top of his screen. Inquisitively he clicked on the advert and it took him through to a professional looking website where he discovered they had a fixed interest savings plan which was capital guaranteed and offered a set 6% return for the next 5 years with NO FEES! This is exactly what they were looking for so they completed the form to receive further information. Days later they received a phone call Finance Feature provided by... Are scammers becoming more sophisticated? from the company who were based in Malaga where a seemingly professional adviser gave them confirmation that they could have guaranteed returns of 33.82% over 5 years with no risk to their original capital. In fact he went as far as putting it in writing to them, illustrating that if they were to invest £50,000 in 5 years it would be worth £66,910!! Being sensible they started to research the company, and this fixed interest, risk free savings plan. They were re-assured by the professionalism of the product, the company boasted that they were operating in 189 countries including UK, Spain, Hongkong, Thailand and many more. Struggling to find anything negative the couple agreed to meet with their ‘so-called’ professional adviser. Having already made an appointment to see me prior to this they popped into the office to see what Chorus could offer and it wasn’t long before the clients were telling me all about the ‘risk-free’, guaranteed returns that they were about to sign up to, asking whether we had anything similar. Straight away I knew this was a scam! As an independent adviser constantly looking for the best options for my clients, and as someone with nearly 10 year’s experience advising here in Spain, all the alarm bells began to ring. As I started to investigate the product in more detail, it became very clear, very quickly that this was a completely unregulated product, the capital guarantee was about as useful as a chocolate teapot and all over its literature were the words ‘for professional investors only’ (these Dutch delight by Alex Trelinski A PASSENGER flying into Alicante- Elche airport on Monday morning got the surprise of her life when she disembarked from her Transavia flight. The lady, who flew in from Eindhoven in the Netherlands, found herself showered with gifts and a special certificate which commemorated the fact that she was the airport´s 14th million passenger this year. Her arrival symbolically beat last year´s record figure of just under 14 million passengers, with the facility set to log another 500 thousand passengers by the end of the year. Passenger numbers for 2019 are up by eight per cent on the 2018 figures. were the words used on all the ‘Structured Notes’ which were miss-sold and left devastating damage to the life savings of many here on the Costa Blanca as part of the Continental Wealth scam). This couple narrowly avoided a scam that could have swallowed their entire life savings, and do you know what………. It could have easily happened. On the surface, to an untrained eye, this product looked legitimate, and it was a mixture of luck and fate that walked them into my office that day. I’m sorry to say, but in a world where central bank interest rates are effectively 0%, it is impossible to guarantee returns. The idea of a guaranteed, capital protected 5, 6 or 7% is preposterous to anyone who knows their stuff, and truly understands 965 641 163 www.chorusfinancial.es info@chorusfinancial.es By Tracy Storer Senior Partner Chorus Financial our current economic environment. Yes, there are low risk, highly diversified investment funds out there that have consistently achieved growth over many years, but they are not guaranteed and the risks need to be properly discussed with an independent professional to assure suitability. My advice is stay clear of the internet when it comes to shopping for investments, seek professional advice and make sure the company and the products you use are fully regulated and are appropriate for you. By fully regulated this means they will be listed with local regulators here in Spain, and preferably other trusted regulators like the UK FCA. Whether it’s a product provider or a ‘socalled’ financial adviser, they are legally obliged to clearly display their regulatory details, reference numbers etc on everything – articles, business cards, emails etc. Always get a second opinion before you commit to anything and remember, if it seems to good to be true, it probably is. If you are considering any new investment or pension transfer or if you have any concerns about anything in this article, please contact me direct on 693 107 044 or email t.storer@chorusfinancial.es Providing award winning advice for your pensions, investments & tax planning. Chorus Financial is a trading style of Tourbillon Limited, authorised and regulated by the Financial Services Commission (Gibraltar), Licence Number FSC1118B, registered with the UK FCA reference 539348, registered with the Spanish DGS and CNMV Nº Registro Oficial 3214. Returning to Costa Blanca November 5th, 6th, 7th. For more information visit www.thefinancetour.com.
Page 1: Trusted News Read By Over 50,000 Pe
Page 5 and 6: Bank interest letting you down? You
Page 7 and 8: 902 123 461 TM *Offer valid for new
Page 9 and 10: Introducing a new British supermark
Page 11 and 12: supermercados Monday 25 th November
Page 13 and 14: Welcome back to the 60s WELCOME TO
Page 15 and 16: Facebook: @TheWeekenderSpain Las Sa
Page 17 and 18: Facebook: @TheWeekenderSpain FRIDAY
Page 21 and 22: Facebook: @TheWeekenderSpain Home&G
Page 25 and 26: Facebook: @TheWeekenderSpain CRYPTI
Page 31 and 32: Facebook: @TheWeekenderSpain ON TV

Weekender Alicante South Issue 119

Create successful ePaper yourself

Delete template?

Save as template?