Reply by Devere Group

deVere Group provides expert independent advice to clients all over the world, helping them to maximise their capital and income. As one of the world’s leading financial advisory organisations, our dedicated team of advisers spread out across the globe are on hand to find the best solution for each client’s needs. The products and services we offer are designed to be tax effective whilst also offering the opportunity for long term growth. All the companies we recommend are regulated within their own right and any trades undertaken by deVere on behalf of its clients are only done with the client’s understanding and approval. deVere Group is working with the Regulator and Joint Administration Managers in Guernsey to ensure that its affected clients are kept regularly up to date with the Fund’s progress.
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I feel like I have been raped by Devere. The advisor William Offen was indeed friendly and had all the right words and illustration and convinced me to change my UK pension into a QROPS pension.

In fact he was nothing more than a confidence trickster. The low risk investment he claimed was needed for access for the annual pension, was in fact a high risk and not only that ,it appears that Nigel Green of Devere had his hand in the investment fund ( insider trading). My pension investment is frozen (im talking in several £100’000 capital)and is in the courts of Guernsey, but it is hard to say how long it will take to release this funds. In the meantime I have lost my annual pension.

Devere claim, that they are regulated by PolyReg in Switzerland, but PolyReg only refer you to Swiss lawyers and they want several thousand up front before they even talk to you.

On top of that I have not found one that actually knows what a QROPS pension is. If you have a similar situation, I feel collectively we could make Devere pay.

Product or Service Mentioned: Devere Group Customer Care.

Reason of review: Poor customer service.

Monetary Loss: $200000.

Preferred solution: Full refund.

Devere Group Cons: Scam.

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