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Giant African ‘elephant’ roams into Lawrenny

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A ROAMING elephant has appeared overnight in the middle of Lawrenny.

Locals woke up at the weekend to find the nine-foot African elephant painted on the side of a building in the heart of Lawrenny.

Christened ‘Beatrice’, the beautiful mural was painted in just a few hours by LA artist Matt Shapira, and is the latest of his works that can be found across the world, from the Far East to the United States.

Matt travelled to Pembrokeshire in search of inspiration for his latest work, brought by Cardiff entrepreneur and friend Giovanni Malacrino.

“Wherever I travel and paint, I am inspired by the landscape, the people and the spirit that exceptional places like Pembrokeshire seem to have,” said Matt.

“Lawrenny is definitely one of those special places and Beatrice, whom we named after a little girl who helped me with the painting, is a one-of-a-kind reflection of where she stands.”

Matt used the giant doors of an old boatbuilders shed as his canvas. Lawrenny was once a busy boat-building and fishing village.

“I am still relatively new to Pembrokeshire,” said Giovanni Malacrino, who happily admits he had never travelled further west than Swansea in all his years as a leading restaurateur in Cardiff.

“I became an Ambassador for a new festival The Big Retreat Wales, here in the village last year and have completely fallen for the place. It’s amore! So, I knew Matt would be inspired.”

“Beatrice is absolutely beautiful and we have already fallen in love with her,” said festival director Amber Lort-Phillips.

“Festival goers will be able to come and see her at next year’s Big Retreat Wales as she is right by the village shop. She may be a roaming elephant but she’s not going anywhere for now!”

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Pembrokeshire Mortgage Centre fined £2.3m for ‘woeful pensions advice’

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THE FINANCIAL CONDUCT AUTHORITY (FCA) has fined Pembrokeshire Mortgage Centre Limited, which was based in Saundersfoot, £2,354,331 for unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined benefit pension schemes.

The FCA’s view is that most people should keep the guaranteed income provided by a DB pension.

Pembrokeshire Mortgage Centre advised 420 consumers, nearly two-thirds of whom were BSPS members, on whether to transfer out of their defined benefit scheme – 93% were advised to transfer, and as a resulting PMC earned over £2m in transfer and ongoing advice fees.

Mark Steward, executive director of enforcement and market oversight, said: “Pembrokeshire Mortgage Centre advised hundreds of consumers to give up valuable defined benefit pensions without any adequate justification or rationale, using generic, templated advice not tailored to the specific circumstances of their customers while earning fees in doing so.

“The quality of advice seen here was woeful.”

As of 30 November 2022, the Financial Services Compensation Scheme (FSCS) has upheld 213 pension transfer claims against Pembrokeshire Mortgage Centre and paid out more than £13.3m in compensation.

Many of the people advised were in a vulnerable position due to the uncertainty surrounding the future of the British Steel Pension Scheme and the short timescale they had to make a decision.

But the regulator found that 60% of people did not receive the quality of advice they needed to make an informed decision.

However, the FCA said they did not receive the quality of advice they needed to make an informed decision.

The regulator said they needed clear, objective and expert advice. Instead, Pembrokeshire Mortgage Centre gave unsuitable advice in 60% of cases, even higher than BSPS as a whole.

The failings included the provision of generic suitability reports that were not tailored to the circumstances of individual consumers and contained contradictory, misleading and confusing statements.

The FCA said Pembrokeshire Mortgage Centre also failed to have adequate resources to deal with the increase in cases caused by BSPS, further impacting the quality of advice provided.

Many consumers, according to the regulator, were advised to transfer out even though they were relying on the guaranteed income to fund their retirement and could not afford to bear the risk of transferring out.

This included those who needed the money to provide for dependents needing long-term care.

Steward added: “The failings were particularly egregious in the context of the British Steel Pension Scheme, where customers were in an unusually vulnerable position.

“The FCA’s investigation into the involvement of others in these matters remains ongoing.

“Any consumers who were advised to transfer should contact the Financial Services Compensation Scheme to see if they are owed redress.”

Pembrokeshire Mortgage Centre Limited is currently in liquidation, The Pembrokeshire Herald understands.

The said that it would FCA will give preference to creditors (some of whom may be consumers), ahead of its financial penalty, to maximise funds available for redress – meaning it is unlikely that the fine would ever be paid.

The FCA has said that it continues to progress around 30 ongoing enforcement investigations into firms and individuals relating wholly or partly to BSPS advice, all of which are at a very advanced stage, and some are in litigation.

A former director

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Appeal after pedestrian suffers serious injuries in collision

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OFFICERS from Dyfed-Powys Police are investigating a collision between a car and a pedestrian, who was using a walking frame, in Pembroke Dock on Friday (Dec 2).

Officers were called to Laws Street at around 12.30pm following the collision involving a black Chrysler Grand Voyager.

The man was taken to hospital with serious injuries.

The Police said: “Do you have information or CCTV or dashcam footage that could help us with this investigation? Please, let us know:

🖥️ | https://bit.ly/DPPContactOnline

📧 | 101@dyfed-powys.police.uk

📞 | 101

Quote reference: DPP/2171/03/12/2022/02/C

“You can also get in touch anonymously with Crimestoppers by calling 0800 555 111, or visit crimestoppers-uk.org

“If you are deaf, hard of hearing, or speech impaired text the non-emergency number on 07811 311 908.”

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Police and Crime Commissioner: Stark financial pressures facing the force

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THE POLIC AND CRIME COMMISSIONER, Mr Llywelyn has launched a public consultation on police funding, giving the public the opportunity to have their say on the police precept level for the next financial year.

Police and Crime Commissioners are responsible for setting the police precept which is the amount that local council taxpayers contribute towards policing.

The Commissioner’s overall budget for 2022/23 is £127.4m with £60.7m of funding coming from UK/Welsh Government and £66.7m from local council tax precept. Currently, a Band D Council tax payer in Dyfed-Powys pay £290.16 through their Council Tax to support policing.

In launching the precept consultation for 2023/24, Mr Llywelyn has warned of stark financial pressures and resultant operational risks which could threaten the continued safety of our communities.

Mr Llywelyn said: “Deciding on the precept level is always a challenging process but this year sees unprecedented challenges given the severe financial landscape.

“Inflation, rapidly rising costs and uncertainty about how much money forces will receive from the Government for the next financial year through the Police Grant Settlements, has put policing in an incredibly difficult position.

“There are also additional pressures arising from both the increase in volume and complexity of crime, which we must take into consideration as we look to the future.

“Given the scale of all the challenges, the Chief Constable initiated a Force Review during the summer to critically assess all areas of activity seeking efficiencies, savings and transformational opportunities.

“I am painfully aware of the pressure the cost-of-living crisis is putting on people across Wales and indeed locally.

“Sadly, these challenges and rising costs are hitting emergency services too, and we need to act now to protect our vital service to the public.

“Despite careful financial planning by the force, we will have to make increasingly difficult decisions over the next few years, but my priority is to ensure we can continue to run an efficient and effective Police force to continue to keep our communities safe.

“All options being put forward within this precept consultation rely on the force making efficiency and savings of between £4.1m and £5.9m in the next year.”

As he appealed to the public to complete the short consultation, Mr Llywelyn concluded: “It is a very challenging year, but it is very important for me to hear people’s views, therefore I am urging our residents and businesses to have their say through this consultation.”

The survey will remain open until 8 January 2023, and can be accessed here:

https://www.surveymonkey.co.uk/r/R2WY8HV

Other formats of the survey are available on request from the Police and Crime Commissioner’s office by emailing OPCC@dyfed-powys.police.uk or calling 01267 226440.

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