Bonum Certa Men Certa

Sirius 'Open Source' Pensiongate (Sirius Financial Crisis): Company May Have Squandered/Plundered the Pensions of Many People

Wanna get your money? Over your dead body!

money-dead

Summary: Sirius 'Open Source' is under ongoing investigation by former staff; it seems plausible that many people's pensions just 'vanished'

THIS series isn't quite over yet. It slowed down a bit because of ongoing inquires, which are slow to progress because of stonewalling and stalling tactics. To give a rough outline of what's to come, we're going to look into two British pension providers, which are mysteriously evasive (we've recorded calls too; we may need that to defend our allegations). We'll then go back to Sirius and discuss what happened. It seems like we're in a similar situation to that of many other British workers* and even of workers globally (the economy isn't in a good shape; hours ago Reuters said "U.S. household debt jumps to $16.90 trillion").



About 2 hours ago Ryan in IRC said that he had experienced similar things in the US. He said: "You mean like that union pension that they said I'd get and now the union doesn't exist and nobody could find the pension money? Very common in blue collar jobs that have a union."

We heard similar stories from other Americans. It seems like every 1-1.5 decades this is being done. Many aren't even aware that this is done until they approach pension age range.

"Many aren't even aware that this is done until they approach pension age range."As of December, I'm no longer working in Sirius and neither does my wife (summary of the reasons here). We decided to quote/cite a final letter. But nothing was final. The company was trying to get out of a deep hole -- a gaping hole full of scandals. Sirius was hoping there would be no further digging, even when further investigations had already begun and were coordinated for better progress/effect.

Over in my personal blog I began -- back in December in fact! -- to look into the pension situation, only days after I had resigned [1, 2] and the following month it turned out that it was exceptionally difficult to track down the pensions. By January I had contacted 3 pension providers [1, 2, 3] and also tried the pension tracker, regulator etc. Totally useless. Earlier this month I wrote about the preliminary findings [1, 2, 3] and began making logs in text and audio (while informing upfront those whom I recorded over the telephone).

"Sirius was hoping there would be no further digging, even when further investigations had already begun and were coordinated for better progress/effect."Judging by publicly-accessible documents (downloadable from Companies House), the latest pension provider cites "COVID-19" and "war in Ukraine" as financial risks (we'll spare the screenshots/link as at this point we don't want to name or show the name of any pension provider). It is a company just about a decade old and that in itself is worrying; will it even be around at all decades from now?

As for Sirius, the company has in effect vanished. It went into hiding, the bosses don't respond to E-mails asking about the company's physical address (for legal papers regarding a potentially criminal matter). They know they could be forced to go to court or face a government investigation. Some clients of the company are fully aware of it, just like former and current staff. Many have been reading this series.

"As for Sirius, the company has in effect vanished."To one person I said: "I feel a strong moral obligation to bring to your attention new revelations about the company I left 2 months ago (I joined the company 12 years ago). Sirius is not what it seems to outsiders; the company is routinely breaking laws (even very basic and fundamental laws). It has apparently plundered the xxxxx pension of not only existing workers but past workers too (alumni from over a decade ago). It cannot be located. Several people contacted xxxxx and even management insists it cannot be spoken about. The company is effectively hiding and is refusing to provide the address to send legal papers to (the company charged its registered address 3 times last October... to the address of an accounting firm!). I'm not the only person who is concerned about this. Sirius uses false pretences and doesn't even meet SLAs; sometimes the CEO covers shifts while not equipped with tools, knowledge, user account, monitoring etc. You're paying for service 'in absentia'. The company is running not only out of money (debt) but also staff. It operates through several shells now. It tricked staff into participating in this shell game (as explained in here, dating back to 2019 when mysterious NDAs were signed and xxxxx moved to another country after his divorce)."

"Thanks very much Roy for the information," said the respondent. "We’ll investigate. I hope you’re well."

This seems like a common theme (see footnote below), so we shall look deeper and deeper into it. If the pension providers continue to stonewall (we gave a final deadline/ultimatum today), we'll resume the series as soon as this weekend. A lack of response is in itself rather revealing; repeated lies and false promises also speak volumes. _____ * Days ago "Which?" picked up this topic, stating: "We investigate why so [many] people lose touch with their savings, and challenge volunteers to trace their pension pots" (they didn't stop there; in later days there was a podcast about it, saying: "We explain how you can go about rescuing those all-important savings" (notice the word, "rescuing").

Recent Techrights' Posts

Speed of GNU/Linux
The media seldom speaks of the dangers of "proprietary software"
Proprietary Windows Versus "Linux" News (Trying to Keep People on Windows, Never Exploring GNU/Linux)
Good editors know better how to recognise threats and not give them lip service
Ensuring That Every Computer User Anywhere in the World Can Take Control of All His or Her Computers
We must fight the people who attack general-purpose computing, in particular those who push this agenda very aggressively inside Linux
Gemini Links 28/04/2025: Autism and Structural Navigation
Links for the day
What Happened to the Open Source Initiative (OSI) Elections: The Purge, the Cover-up, and the Witch-hunts
OSI has gone "full Microsoft"
 
If Tesla Shares (and Alleged Value) Fell 55% (From $489 to $222) in a Few Months Maybe It's Not Worth Anything At All (It's Just Gambling)
Tesla swasticars have turned from a "status symbol" into a "public embarrassment" and cause for casual humiliation
Coming Soon: Microsoft Fake Results, Mass Layoffs, and Silence About All the People Microsoft Pressured to "Quit" (So That They Don't Get Counted as Layoffs)
there will be more mass layoffs
Chromebooks' Adoption in Sweden No Longer Depends on Schools
School breaks are when classrooms are shut
No, IBM is Not Investing $150 Billion in the US and It Doesn't Even Have That Kind of Money
Here we go again... media as a vehicle of lobbying and misinformation
Leak: The EPO's General Consultative Committee (GCC) Does Not Consult Staff on Crucial Matters and Bypasses the Administrative Council (AC) to Do Illegal Things
violations against the EPO's very staff
New Leaks Coming Soon, We Maintain 100% Record of Successful Resistance to Censorship
We won't be told what we can and cannot say (especially when it's true)
Central African Republic (CAR): Vista 11 is Only ~0.2% Market Share
99.8% to go!
BSD and GNU/Linux Replaced Microsoft in Secure Servers, All Microsoft Has Left is LLM Slop for Fear, Uncertainty, and Doubt (FUD)
the FUD machine never rests
Gemini Links 28/04/2025: A Simple Task Tracking and Auto-Prioritization Tool and Other Programs
Links for the day
Links 28/04/2025: Canada's Election, Pakistan-India Conflict
Links for the day
Glue Inside Your Pizza (or Why People Will Get Fed Up With Slop)
People are given "answers" from non-intelligence word dumpsters
Links 28/04/2025: Cyberattacks Happening, Chatbots Disappointing, and "Free Speech Under Fire"
Links for the day
Phone Adoption Very Low in Vatican, Windows Usage Fell Nonetheless
Even in places where people still use desktops/laptops most of the time (and have access to these) Windows is gradually losing ground
GNU/Linux 9% in Cuba, Vista 11 Waning, Android Dominant
Microsoft has pretty much lost Cuba
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, April 27, 2025
IRC logs for Sunday, April 27, 2025
In 24 Countries Observed by statCounter Vista 11 is Still Less Than a Quarter of Windows Users Despite All Other Versions Being 'Expired'
They ought to move to GNU/Linux
Links 27/04/2025: Pope Goodbyes, "Politics of Fear", Slop Redux and More Google Shutdowns (Google Debt Had Grown This Year)
Links for the day
Links 27/04/2025: Serenity Dialectics, Hockey Jersey Ethics, and More
Links for the day
Links 27/04/2025: Death of Nest Thermostats, Death of Metaverse
Links for the day
Links 27/04/2025: Projects Workflow and Discovering Technology
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Saturday, April 26, 2025
IRC logs for Saturday, April 26, 2025
Microsoft Isn't on the Map in USSR
To them, it's either Google or Yandex
In Central America Windows Became a Small Force
These are countries where Windows used to have well over 95% of the "market"
What's Very Vexing to GAFAM, EPO and Others Is That It's Incredibly Hard to Censor Us (and Nobody Ever Successfully Did That Before)
resist, do not capitulate
Site May be Even Faster Now
It basically takes less than a tenth of a second to serve the page
Receiving SLAPPs and Collecting Them Like Trophies (the SLAPPs Always Fail)
People who file lawsuits bring even more attention to themselves (or to embarrassing statements about them)
Year of GNU/Linux on the Laptop?
It's not happening only in Lenovo
What People Must Understand About the Open Source Initiative (OSI)
some facts about the Open Source Initiative (OSI)
Many of the Scandals Are Interconnected (Overlapping People and Corporations)
We're only getting started
More Copyright Lawsuits Against LLM Slop Providers and Suppliers of LLM Slopfarms Would Benefit Society
It's not just bad for the Web and for society; it's also legally dangerous
Links 26/04/2025: General Assassinated in the Town of Balashikha, US Promoting Seafloor Mining
Links for the day
Links 26/04/2025: Facebook Layoffs Again, Remembering What's Real, and Say No to Mass Surveillance
Links for the day
Links 26/04/2025: NOAA Budget Cuts and "Dog Days Ahead"
Links for the day
In defence of JD Vance, death of Pope Francis
Reprinted with permission from Daniel Pocock
Three Years in Prison for Disney Employee’s ‘Menu Hacking’: The Economic Fallout of Digital Menus
Reprinted with permission from Ryan Farmer
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, April 25, 2025
IRC logs for Friday, April 25, 2025