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Dear Mr Hart, we always ensure that all our consultants – internally and externally - are trained and fully qualified to provide the service which we provide. Moreover, the recommendations we make to our clients are always made on the basis of their own financial...
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Devere Group Consulting Service
Tags
  • conmen
  • Lost My Pension
  • 15 fees
  • Devere Pension
Review #836773 is a subjective opinion of poster.
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Devere Group's reply to:

Dear Mr Tarrant, we are sorry to hear that your case was never followed through. It is one of our company’s priorities to ensure that contact with our clients is upheld. Would you be able to contact our Clients Relations Department on clientrelations@devere-group.com...
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Gilbert, Arizona
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Devere Group Consulting Service
Review #834257 is a subjective opinion of poster.
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Devere Group's reply to:

Devere Group - May as well be criminal

I dedicated and wasted a year of my life to this joke of a company. They are full of false promises and is surrounded by this huge fake image of people that can help you. I have read and dealt with a number of people who were not happy with the service but i can say the abuse and complete unprofessionalism goes further into the company than people think. The so called coordinators who have 'the most important job' are mistreat and spoken to like garbage while these pretentious consultants are working as hard as they can to scam an honest worker for their money. During my time there i have witnessed lies, cons, drug abuse, extreme sexism and its safe to say it goes much further beyond that. I can say that devere is filled with some of the best salesmen in the world along with plenty of convicts and for that you should be careful not to meet with them, because they will tell you aaaaanything to get your money. I worked 10 hours a day for them for a year and made less than a UK minimum wage. They refused to pay me a basic salary or any expenses at all and were very harsh on conditions, I was forced to call the same *** list of people everyday and receive nothing but abuse from the other end of the line as these people were getting annoyed with me, even though there were some complete idiots down the phone, i completely understand why they were so aggressive. devere pay absolutely no attention to tax or legalities and would not help a fellow employee in need whatsoever. In the space of one year I have seen countless people join and leave the company because of the *** they had to put up with and they have lost a lot of their own money because of it. I know they are now focusing on upping the employment numbers so beware and do not believe the prospects they are offering, the will make money from the money that you manage to earn. stay away! These people are practically stealing money.. and I have no idea how this company is still running..
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Devere Group Consulting Service
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  • devere group investments con
Review #423831 is a subjective opinion of poster.
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Devere Group's reply to:

Devere Group - Simon Pratt & Nigel hold hands again

The deVere Group, the world Scammers in international financial consultancy, were delighted to announce that it is to establish a new regional presence in the Cayman Islands and is days away from opening its doors to prospective clients living in the region. Be warned if you are a British expat with lots of money... It seems Nigel Green and Simon Pratt are best buddies again, even though Simon Pratt is currently being hunted by Hong Kong authorities for unpaid tax bills. Simon Pratt hot footed it to Canada because they have no extradition treaty with the chinks. He had to lay low for a year or two until the dust settled but yes folks he's now back in the fold! Interestingly though, looking at Cayman Islands this place is strategically place along a major cocaine route (I did hear the boys were a little partial).
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Devere Group Consulting Service
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  • British overseas territories
Review #404728 is a subjective opinion of poster.
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Devere Group's reply to:

Devere Group - DeVere Meeting Was all SCRIPTED!!!

Have you been conned into a meeting with the worlds worst Financial Consultancy? Did they tell you your name had been recommended to them by your friend or work colleague? If so you will have probably heard the below garbage come from the SALESMANS mouth? Sound familiar? All deVere meetings are scripted, a *** to try to get you to part with your hard earned money. Exclusive to Pissed Consumer the insider knowledge that consumers have a right to know about. The Second Gear- Introduction P1 Purpose-Sell the company, sell yourself and to establish your ground rules for business. Agenda "The purpose of today's meeting is for me to tell you all about Devere Group ask you some questions and see if we can establish some common ground" Largest "deVere are the largest offshore financial consultancy in the world" I know that's a big claim so let me back it up with some facts... Last year we did business in over 120 different countries, we have over 80,000 clients and in excess of $8 billion US$ dollars under management and administration. So you can see a lot of people have put their trust in us as a company. "Now with over 80,000 clients I am sure you will see that service is very important to us..." Service "Let me explain, once you become a client of mine here in Dubai I will personally meet up with you, up to 4 times a year, to review your financial position, depending on your requirements of course. This allows me to keep you up-to-date with any changes in the market place, new products or funds available. This is also a good opportunity for you to keep me informed about any changes in your personal circumstances" Now the life of an expat/professional can be changeable so should you move to a country where we have an office, I will simply pass your details over to a colleague of mine who is equally qualified as me, he will continue to give you the same high level of service that I have been giving you here in Dubai" However if you move somewhere more remote, where we don't have an office, then we have a dedicated Client Services Dept in Malta, that will proactively contact you via phone, fax and email to make sure you are up-to-date with every aspect of your investment." Global As a global company we offer you service all over the world and are the only company able to offer this, so wherever you are, we'll be in touch with you and you'll be in touch with your money. (Close)- "Can you see the benefit of being looked after wherever you are in the world?" Independent P2 "The next reason we are so successful is we are completely independent" Let me explain. It may surprise you to know that most of our competitors are owned by financial institutions. They will tell you "this is the best product for you". Now I am sure you will agree that no one company has all the best products, all the time. Being truly independent means we can use all the products and all the companies in the market, which means you get the best product, with the best returns and the best chance of achieving financial security. We use the best companies in the market, you've heard of HSBC, Deutschebank, you've heard of Fidelity and Scandia?" Can you see the benefit of working with a company offering un-biased, independent advice?" Security "The next reason we are so successful is the importance we place on the security of your money." You obviously work hard for you money, so do i. "With that in mind i will only recommend products that have government backed investor protection so you know you money is safe." Summary So to summarise, we are the largest offshore brokerage in the world, offering un-biased independent advice and products that have the highest levels of security." Trial close "From what you heard so far are you comfortable working with Devere Group?" I have been working for deVere for the last 4 years in Dubai prior to that i was in financial services for over 10 years in UK (MORE ***), I have found that experience has been invaluable in helping my clients here make major financial decisions. Products It's my job to bullet proof you finances. However i we will never gamble with your money. We only recommend low to medium risk products that grow steadily over the medium to long-term (DEFINITELY NOT TRUE). Charges-Bullet Points "¢ Ok Eric, I suppose you're wondering what all this costs "¢ Let me reassure you- No direct charge for my time "¢ You're a professional guy, everything has a costs right "¢ Let me explain!!-Suppose Fidelity is right solution for you- largest fund manager "¢ Whether you invest through them or directly through me= Same product/ Same returns Same charges "¢ Crucial difference With Fidelity 1X Annual Statement "¢ With ME- ALL levels of service I mentioned earlier at No extra cost- Can you see the benefit in this "¢ Construed as a fee-If Professional Person, offering valuable service-Will ask-introduce to 6 professionals here in Dubai... that you know & I don't.. "¢ Benefit from a meeting like this "¢ Are you ok with that? Ground Rules-Bullet Points "¢ Let me tell you how I work "¢ Go through confidential Fact Find "¢ Where you are today/in future/ how to get you there "¢ Areas where I can help you "¢ Don't want my help-OK- Your money-LEAVE "¢ DO want my help, instruct me to find perfect solution, ask some questions "¢ What funds, Access, Flexibility- You Want "¢ My job to find that solution "¢ Fair amount of work involved- don't want to waste my time "¢ Gents Agreement-Next time we meet- "¢ If we agree you have a need "¢ I find perfect solution/100% right- "¢ Become Client "¢ RECAP-If I find perfect product, 100% happy, answered all question, "¢ I have earned the right to take you on as a client in Dubai? "¢ ARE you OK with that............... or do you have any questions?
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Makati, Manila
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Devere Group Consulting Service
Review #357361 is a subjective opinion of poster.
6 comments
Devere Group's reply to:

Devere Group - DeVERE Sales Script Revealed

This is the deVere SALES script word for word. Sound familiar? Had a meeting with a deVere uneducated ROBOT? Ha ha ha... The Second Gear- Introduction P1 Purpose-Sell the company, sell yourself and to establish your ground rules for business. Agenda "The purpose of today's meeting is for me to tell you all about Devere Group ask you some questions and see if we can establish some common ground" Largest "deVere are the largest offshore financial consultancy in the world" I know that's a big claim so let me back it up with some facts... Last year we did business in over 120 different countries, we have over 80,000 clients and in excess of $8 billion US$ dollars under management and administration. So you can see a lot of people have put their trust in us as a company. "Now with over 80,000 clients I am sure you will see that service is very important to us..."Service "Let me explain, once you become a client of mine here in Dubai I will personally meet up with you, up to 4 times a year, to review your financial position, depending on your requirements of course. This allows me to keep you up-to-date with any changes in the market place, new products or funds available. This is also a good opportunity for you to keep me informed about any changes in your personal circumstances" Now the life of an expat/professional can be changeable so should you move to a country where we have an office, I will simply pass your details over to a colleague of mine who is equally qualified as me, he will continue to give you the same high level of service that I have been giving you here in Dubai" However if you move somewhere more remote, where we don't have an office, then we have a dedicated Client Services Dept in Malta, that will proactively contact you via phone, fax and email to make sure you are up-to-date with every aspect of your investment." Global As a global company we offer you service all over the world and are the only company able to offer this, so wherever you are, we'll be in touch with you and you'll be in touch with your money.(Close)- "Can you see the benefit of being looked after wherever you are in the world?" Independent P2 "The next reason we are so successful is we are completely independent"Let me explain. It may surprise you to know that most of our competitors are owned by financial institutions. They will tell you "this is the best product for you". Now I am sure you will agree that no one company has all the best products, all the time. Being truly independent means we can use all the products and all the companies in the market, which means you get the best product, with the best returns and the best chance of achieving financial security. We use the best companies in the market, you've heard of HSBC, Deutschebank, you've heard of Fidelity and Scandia?" Can you see the benefit of working with a company offering un-biased, independent advice?"Security "The next reason we are so successful is the importance we place on the security of your money."You obviously work hard for you money, so do i. "With that in mind i will only recommend products that have government backed investor protection so you know you money is safe." Summary So to summarise, we are the largest offshore brokerage in the world, offering un-biased independent advice and products that have the highest levels of security." Trial close "From what you heard so far are you comfortable working with Devere Group?"I have been working for deVere for the last 4 years in Dubai prior to that i was in financial services for over 10 years in UK (MORE ***), I have found that experience has been invaluable in helping my clients here make major financial decisions. Products It's my job to bullet proof you finances. However i we will never gamble with your money. We only recommend low to medium risk products that grow steadily over the medium to long-term. Charges-Bullet Points "¢ Ok Eric, I suppose you're wondering what all this costs"¢ Let me reassure you- No direct charge for my time"¢ You're a professional guy, everything has a costs right"¢ Let me explain!!-Suppose Fidelity is right solution for you- largest fund manager"¢ Whether you invest through them or directly through me= Same product/ Same returns Same charges"¢ Crucial difference With Fidelity 1X Annual Statement"¢ With ME- ALL levels of service I mentioned earlier at No extra cost- Can you see the benefit in this"¢ Construed as a fee-If Professional Person, offering valuable service-Will ask-introduce to 6 professionals here in Dubai... that you know & I don't.."¢ Benefit from a meeting like this"¢ Are you ok with that? Ground Rules-Bullet Points "¢ Let me tell you how I work"¢ Go through confidential Fact Find"¢ Where you are today/in future/ how to get you there"¢ Areas where I can help you"¢ Don't want my help-OK- Your money-LEAVE"¢ DO want my help, instruct me to find perfect solution, ask some questions"¢ What funds, Access, Flexibility- You Want"¢ My job to find that solution"¢ Fair amount of work involved- don't want to waste my time"¢ Gents Agreement-Next time we meet-"¢ If we agree you have a need"¢ I find perfect solution/100% right-"¢ Become Client"¢ RECAP-If I find perfect product, 100% happy, answered all question,"¢ I have earned the right to take you on as a client in Singapore?"¢ ARE you OK with that............... or do you have any questions?
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Location
Fort Collins, Colorado
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Devere Group Consulting Service
Review #353794 is a subjective opinion of poster.
6 comments
Devere Group's reply to:

Devere Group - Devere qrops*****OFFSHORE ALERT*****

De Vere Group, the offshore IFA, was among the promoters of the Beazley QROPS that has been struck off HMRC's list of approved schemes. It has not been confirmed how many de Vere clients were put into the scheme, but it is thought it could be more than 100. Skandia International, the offshore insurer, has now revealed it has 166 cases on its books in which its portfolio bonds were used as an investment platform within the Beazley QROPS. Advisers from de Vere, which describes itself as the world's largest financial consultancy - with more than 50,000 clients in over 100 countries – are thought to have been the main provider of the Skandia bonds business in which Beazley was the corporate trustee. The names of other advisory firms that recommended the Beazley QROPS to clients are not currently known. International Adviser exclusively revealed this week that Beazley had written to clients informing them HMRC had struck it off the QROPS list, the consequence of which could be investors losing 55% of their pension in tax charges. Proof of 'good faith'Beazley told clients they should write to HMRC, providing all their details and information about the advice they received on the pension transfer, in order to help the Revenue establish whether they moved their pension in "good faith". If "good faith" – that clients intended to use Beazley as a genuine pension - can be established, HMRC will take a more lenient approach to leveling unauthorised payment charges. A spokesman for de Vere said it would be doing all it could to help ensure clients are not charged. "de Vere Group will continue to keep clients fully updated on any developments and will be in frequent contact with the trustees to do all possible to ensure that this matter is brought to a satisfactory conclusion." The spokesman added that no advice was provided on the scheme by de Vere's FSA regulated UK operation, noting it was only used by international clients. If "˜good faith' cannot be proved – the implication of which is that clients were intending to bust their pensions at the end of the five year QROPS statutory reporting period – the full 55% is more likely to be applied. International Adviser has seen an email sent from Beazley, informing clients and distributors that it was closing to new business from July 2008 as a result of its "overwhelming success". The email said advisers can continue to make transfers into the Beazley scheme until July 31st 2008. Pension busting claimsAccording to sources, some advisers were openly selling Beazley as a pensions busting vehicle which they could cash in after five years. It is unclear why clients of the Beazley scheme only received letters informing them it had been struck off the QROPS list in the past few weeks when it shut down more than two years ago. It is also unknown who is behind Beazley. The Hong Kong equivalent of Companies House lists the sole shareholder and only corporate director of Beazley as a company called Grampian Managers. The corporate secretary is given as Sovereign Secretaries Hong Kong, which is part of a trust company called Sovereign, which has offices in Gibraltar and Hong Kong. When International Adviser put questions to Sovereign, a statement was received from law firm DLA Piper!. It said: "The Beazley Consulting Pension Scheme was set up in 2007?. At the time Hong Kong lawyers advised that the scheme met HMRC's criteria to qualify as a Qualifying Recognised Overseas Pension Scheme ("QROPS") in the UK?. "Appropriate legal advice was taken in Hong Kong before Beazley Consulting submitted its application to HMRC and HMRC accepted that the scheme met its relevant criteria?. "Some 18 months later, after taking its own advice, HMRC decided that the regulations to which the scheme was subject did not meet its criteria and that the scheme no longer qualified as a QROPS?. "This decision also affected other similar schemes,. Since then Beazley Consulting has been working closely with HMRC to resolve the issue and has advised members of the best way forward.."
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Devere Group Consulting Service
Review #298090 is a subjective opinion of poster.
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Devere Group's reply to:

Devere Group - Devere QROPS BE WARNED-OFFSHORE ALERT

De Vere Group, the offshore IFA, was among the promoters of the Beazley QROPS that has been struck off HMRC's list of approved schemes. It has not been confirmed how many de Vere clients were put into the scheme, but it is thought it could be more than 100. Skandia International, the offshore insurer, has now revealed it has 166 cases on its books in which its portfolio bonds were used as an investment platform within the Beazley QROPS. Advisers from de Vere, which describes itself as the world's largest financial consultancy - with more than 50,000 clients in over 100 countries – are thought to have been the main provider of the Skandia bonds business in which Beazley was the corporate trustee. The names of other advisory firms that recommended the Beazley QROPS to clients are not currently known. International Adviser exclusively revealed this week that Beazley had written to clients informing them HMRC had struck it off the QROPS list, the consequence of which could be investors losing 55% of their pension in tax charges. Proof of 'good faith'Beazley told clients they should write to HMRC, providing all their details and information about the advice they received on the pension transfer, in order to help the Revenue establish whether they moved their pension in "good faith". If "good faith" – that clients intended to use Beazley as a genuine pension - can be established, HMRC will take a more lenient approach to leveling unauthorised payment charges. A spokesman for de Vere said it would be doing all it could to help ensure clients are not charged. "de Vere Group will continue to keep clients fully updated on any developments and will be in frequent contact with the trustees to do all possible to ensure that this matter is brought to a satisfactory conclusion." The spokesman added that no advice was provided on the scheme by de Vere's FSA regulated UK operation, noting it was only used by international clients. If "˜good faith' cannot be proved – the implication of which is that clients were intending to bust their pensions at the end of the five year QROPS statutory reporting period – the full 55% is more likely to be applied. International Adviser has seen an email sent from Beazley, informing clients and distributors that it was closing to new business from July 2008 as a result of its "overwhelming success". The email said advisers can continue to make transfers into the Beazley scheme until July 31st 2008. Pension busting claimsAccording to sources, some advisers were openly selling Beazley as a pensions busting vehicle which they could cash in after five years. It is unclear why clients of the Beazley scheme only received letters informing them it had been struck off the QROPS list in the past few weeks when it shut down more than two years ago. It is also unknown who is behind Beazley. The Hong Kong equivalent of Companies House lists the sole shareholder and only corporate director of Beazley as a company called Grampian Managers. The corporate secretary is given as Sovereign Secretaries Hong Kong, which is part of a trust company called Sovereign, which has offices in Gibraltar and Hong Kong. When International Adviser put questions to Sovereign, a statement was received from law firm DLA Piper. It said: "The Beazley Consulting Pension Scheme was set up in 2007. At the time Hong Kong lawyers advised that the scheme met HMRC's criteria to qualify as a Qualifying Recognised Overseas Pension Scheme ("QROPS") in the UK. "Appropriate legal advice was taken in Hong Kong before Beazley Consulting submitted its application to HMRC and HMRC accepted that the scheme met its relevant criteria. "Some 18 months later, after taking its own advice, HMRC decided that the regulations to which the scheme was subject did not meet its criteria and that the scheme no longer qualified as a QROPS. "This decision also affected other similar schemes. Since then Beazley Consulting has been working closely with HMRC to resolve the issue and has advised members of the best way forward." At the time of clients receiving the Beazley letter, the scheme was still listed on HMRC's list of approved QROPS. However, it is understood the list will be updated tomorrow (Sept 9th) and Beazley removed.
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Devere Group Consulting Service
Review #295274 is a subjective opinion of poster.
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Devere Group's reply to:

Devere Group - Nigel Green, Steven Luckett and others: deVere fraud and sexual abuse

As an ambitious 26 year old pretty, blond girl with a degree in management from City University in Bulgaria and had wanted to break off from escort work in Knightbridge, London. I had put my name down in several UK jobsites for work in financial services as many of my high-paying clients were accountants and bankers. I have no financial services experience, but have very good English and an 'engaging' personality. So I thought I was well qualified to give the job a go. I was contacted by a recruiter from de Vere Group and was offered a job as a financial consultant for the company's Moscow office (as I speak Russian). I guess the recruiter calling me got my CV from a jobsite. I went for the interview which was a presentation. It all looked good: £150,000 a year guaranteed, office location of my choice, full training and a caring firm. I became worried when I got their offer letter which seemed to show that I would have to pay them back my training course expenses, pay for my IFA course and exams (although they said they would do that), do cold calls all on my own!!!! and so on. When I told them, I had changed my mind after getting the letter, I got a call from one of their managers who said that I would be treated right, if I treated him right. When I asked him if he was referring to sexual favours, he said that he could be. I cut him off and sent letter to Nigel Green, the company's CEO to complain and copied it to Steven Luckett, the recruiter's boss. No response nothing. de Vere left a bad taste in my mouth and I guess they will in yours too! If you are girl willing to give sex for your career, you could do well there. But if you want a real job, stay clear I say. Horrible, horrible people.
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Location
Washington, District Of Columbia
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Devere Group Consulting Service
Review #236965 is a subjective opinion of poster.