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I was advised by devere (erstwhile financial advisers) to invest into the Strategic Growth Fund in 2012 when I signed up for the Generali Vision Plan. I continued to invest a big share of my monthly premiums into this fund. This fund however was suspended in 2013 and my hard earned money is now stuck and the entire plan is under-performing. I can neither stop investing into the plan nor will its performance improve resulting in a massive mess and simply no way out.

I found that devere is now compensating for investors who were ill advised into investing into this fund. What will happen to my investment into this fund?

https://international-adviser.com/devere-pays-70k-strategic-growth-fund-investor/

My Generali Vision Plan number is 9402****

Reason of review: Poor customer service.

Monetary Loss: $5000.

Preferred solution: Let the company propose a solution.

Location: SchillerstraรŸe 14, 60313 Frankfurt am Main, Germany

Reply by deVere Group

deVere Group provides expert independent advice to clients all over the world and our consultants are fully qualified financial professionals with internationally recognised qualifications. The clientโ€™s complaint was fully investigated in April 2017 and found to be without merit. deVere has no control of the fund mentioned, which is in the hands of court appointed Liquidators and cannot comment on any other individualโ€™s complaints, but can confirm that it has not commenced any compensation scheme for investors in this or any other fund.

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