Reply by Devere Group Aug 12, 2013

Unfortunately many posts on here are by competitors spreading inaccurate information about deVere. UAM is not a fund and advisers do not guarantee returns as there are no guarantees when investing financially. deVere Group advisers make it clear that all investments carry an element of risk, and all clients have to agree and authorise each investment by signing an agreement with all terms and conditions clearly set out in the agreement. As the world’s most regulated IFA, with over 70,000 global clients, deVere are proud to offer the very finest financial advice. To find out what returns deVere clients regularly gain, please view our press release section at www.devere-group.com/deVere-News/PressReleaseList.
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99% of the comments on this site are absolutely true and accurate.

I have met Nigel Green and was an employee when the UAM fund was suspended. The reason it was suspended? Well, originally set up to mirror 2 JP Morgan funds (so in essence completely unnecessary as you could just buy the funds directly and save yourself paying commission to your "adviser"), at some point in time it decided to step out of its remit entirely and invest in risky property assets. When the rumor came out that the fund was suspending, there was a (futile) rush to pull clients out, but it so happens that this was impossible due to Nigel Green and Mike Coady (both directors) getting preferential treatment allowing them to pull their funds out before every one of their clients. Treating customers fairly? HHmmmmmmm I will let you decide.

I have seen advisers "guarentee" returns of 10% per year, 100% immediate uplift in value when transferring a pension into a QROPS, its criminal what they are doing. I worked as an advisor for 18 months before needing to leave due to the massive hole in my pocket and conscience. Dispicable company that relies on its international status and transient nature of its client base to avoid repercussion (after all if you get in a bit of a sticky situation, all you do is close down in that country as they did in Belgium and Cyprus or change your name and company structure) It makes me sick that people like this exist, honestly, stealing from pensioners just before retirement. They should do us all a favor and jump off a very tall building...

The only reason they survive is people doing business with them, do yourself a big favour... Don't!!!

Review about: Uam Funds.

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