Reply by Devere Group

All deVere consultants are fully qualified through our accredited CISI training programme. With over 70,000 clients around the world and partnerships with the world’s leading investment firms, we deliver investment opportunities in line with our client’s goals and objectives. All types of financial investments carry an element of risk; our deVere consultants ensure that you are best prepared to give your investments a chance to flourish.
Author's
Torrance, California
3.3K views
19 comments

The STM Malta QROPS that Devere Group are sticking all their clients money in needs to carry a public health warning! If the country you end up retiring to doesn't have a double taxation treaty with Malta you should definitely NOT move or even consider moving your pension here. Implications for you could be immense in being hammered on tax payments when you take drawdown. Did the Devere salesman disclose that Nigel Green has a vested intrest in STM Malta? Probably not, he owns a large part of this company which again wouldn't be in the interests of the client. The funds that Devere will put you in will be FRONT LOADED so you will see your investment drastically fall in value, many of these funds the salesman and Devere get paid much higher commissions on because-they own part or all of the funds.

They will tell you in a well scripted meeting which they learn parrot fashion in Malta that they have over 5,000 different products available, strategic alliances with JP Morgan, Morgan Stanley, RBS, etc.. Does this all sound a little too familiar? We are the largest offshore financial consultancy with offices in over... Different countries, many countries Devere have been thrown out of.

When you become a client of mine here in .... I will personally meet up with you every quarter to discuss any investments you may have through us, depending on your requirements of course. Sound familiar?

Proceed with caution, you don't want to get sucked in to the Devere machine, once they have your money they lose interest. Did Devere ask you for names of your friends? We work on a referral basis?

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Comments

Anonymous
Delhi, Delhi, India #614716

QROPS is Very good post, I was really searching for this topic as I wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand.Some link given below you can understand very simply about QROPS - UK QROPS Pension, if you will click then qrops list.

So you would know about my company what facilites provide and how advatntage ful for you.

Noneeded
Haifa, Hefa, Israel #607600

Buy list of emails in the net, there are reasonably cheap and may help you to reach an incredible number of people in one hit.

truthaboutdevere
#576453

As a very recent Area Manager for this shithole of a company which I unfortunately had the displeasure to work for, I can clearly say that many deVere clients and ex-clients in Brazil didn´t get any service at all for years, lost most of their money and the older clients who had been introduced through Britex (which Nigel Green said it is a totally different company...legally maybe but he was a director for Britex...conveniently left to start deVere...then Britex went bankrupted...) those clients lost tons of money...and the name of Spencer Lodge is always mentioned by these clients...Nigel defends himself saying that Lodge never worked for deVere in Brazil..but he worked for deVere elsewhere and apparently carried on his normal self deceitful style...ANYONE READING THIS DO NOT USE THIS COMPANY´S SERVICE...YOU VERY CERTAINLY WILL REGRET DOING IT.

Anonymous
#562461

Thanks so much for this post. There is very good and helpful information in this post. Keep up the good work.

Also go to the link below to know more about QROPS .

QROPS

Anonymous
#558950

I' like to thank everone on here, I have been offered a position with de vere due to start early

next year. Having worked in an around the FS industry fornthe best part of 15 years I value my name and reputation and have never ha a complaint or quibble against any of the advice I have given since day one! I don't think de vere is for me.

Anonymous
#541460

One assumes that you are regulated for pension transfers, given your comments.If that is so, isn't it incumbent upon firms like yours to report companies like this AES International to the FSA if they are making statements that they are regulated to provide a specific pension service when it looks, to all intents from what I have just read, that they are not?

Isn't part of the responsibility to clean up financial advice on the shoulders of the advisory industry itself? Are you going to pick up that phone?

As for the firm in Bristol. It is good to hear that they are competent and they do have the licence from the FSA to offer the advice they do. If they are that good, then they should not feel the need to refer to The Costa Action Group in Spain on their front page.

Sends all the wrong messages, I am afraid.Mind you, their website is an interesting read if anyone has the time.

Anonymous
to Comment to Anon in Bristol Alicante, Valencia, Spain #611349

Anybody know what AES International was involved in which would warrant a mention in the posted articles

Anonymous
to Fred Kent, England, United Kingdom #611439

What on earth is the point of that?

If you have a genuine "gripe", then take it up with AES or start a thread about it. I am sure if you look for some gossip, someone will provide it.

Anonymous
to FISHING TRIP Alicante, Valencia, Spain #611722

Tosser. In the trough are we??

Anonymous
to Fred San Sebastian, San Sebastian, Puerto Rico #612851

You come on here, clearly with the intention of discrediting a firm and with no apparent reason for so doing.

When no one plays ball, you toss your teddy out of the cot.

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