Spectrum IFA Group - Wheres my Money???
Update by user Feb 18, 2013
Do not go near Jonathan Cooper at The Spectrum IFA Group!!!
Original review posted by user Feb 18, 2013A 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
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