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Pensions and Financial Advice
I would just like to warn any fellow ex pats to avoid a pension company called LifePlus. I used to work for an insurance company so like to think I understand a little more about Pensions than most. Unfortunately, this was certainly not the case and I have spend the past 2 years trying to recover over 30% in fees for moving a very successful UK pension offshore. The total costs and huge commissions were never disclosed by a pleasant persuasive middle aged British advisor.
If this had happened in Europe, the company concerned would be operating well outside regulations. It is a con.
If anyone has any advise on the new regulation rules in UAE and how to pursue this outside of the three companies concerned it would be very much appreciated.
With kind regards
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