A few years back i took out a retirement plan with the Spectrum IFA Group!. I was sold it as a Tax efficient plan the would be portable'. Since I have moved back to the UK I have tried to get in contact to start drawing down my 'pension plan' but I have heard nothing:. When I check my investment online, it can differ by £50,000 on a day to day basis/.
I also to out a QROPS with The Spectrum IFA Group and in the last 2 years I have seen the value drop by £30,000/.
The plan is held in Guernsey and was told I could take the plan to the UK and just move it into a SIPPS?. The investments in my Pension are not allowed in the UK so I had to sell the funds on the secondary market".
looking at everything I was sold, it was expensive, bad advice and has caused me more hassle than it was worth:.
Do not go near The Spectrum IFA Group, they will sell you exactly what you want to hear, give you the opposite and never hear from then again 3059c98