Update by user Oct 09
Client Services for DeVere did contact me after my post on this site and investigated my complaint.Regarding my GB 14,000 + loss from the Strategic Growth fund they write that "with Hindsight and knowledge that the advice given by DeVere appeared to be poor"... Opening a new generali Savings fund in place of topping up existing fund was Suitable for my needs and that full policy details were provided.
The end paragraph from DeVere was that if I have any further evidence in my dispute they would be prepared to reconsider but if I remain dissatisfied then I should seek legal advise!In my humble view it looked like a lawyer had written the e-mail.If they had offered a gesture of good will for my losses it would have been welcomed, but they don't have the common sense to understand that I would never ever return my portfolio to Devere or recommend the company to colleagues or contacts who might ask for advise or add this damming conclusion to be shared world wide. ...….
Original review posted by user Aug 25
Several years ago DeVere moved assets in my QROPS, without approval, then lost money by opening a new savings account with Generali instead of Amending the existing simply to get commissions, I find this out at a later date when I finally found a trustworthy Adviser, but the really difficult part is DeVere keep calling me and asking me to return which is no only unprofessional but extremely annoying ..
Reason of review: Bad quality.
Monetary Loss: $13000.
Preferred solution: Full refund.
Devere Group Cons: Pressure applied by the consultant and his assistant, Losing pension money to an inappropriate product, Anything once they had my cash.