This is a warning to all expatriates living in Shanghai to be cautious of unlicensed and unregulated financial advisors such as Ian Bell and Chris Golding of Morgan.
One of their recent recruitment job listings was searching for "sales consultants" for "" with "no financial experience necessary." - Sounds like something from the boiler room movie.
I was sold a QROPS "Qualifying Recognised Overseas Pension Scheme" by Ian Bell at Morgan in 2010 for its supposedly tax benefits, now 2013 I have discovered that my Pensions value has dropped by 40% and Ian Bell has pocketed 20% of that as his commission.
I was miss-sold and mis-lead and as being in Shanghai i am not protected by the (Financial Services Agency), if we was in the UK then these guys would be classed as criminals. 3129ca7