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cold called by Avacade offering free pension review

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Comments

  • Anyone responding to a cold calling offer of any sort needs their head examined.

    So many of them are scams.
  • I too have received a cold call from Avacade. Having given my d.o.b and NI number and being told to sign and return the documents to the waiting courier tomorrow, I am now kicking myself for my inane stupidity. Having now found this forum I am having second, and third, thoughts about signing anything.
  • GhIFA
    GhIFA Posts: 619 Forumite
    I too have received a cold call from Avacade. Having given my d.o.b and NI number and being told to sign and return the documents to the waiting courier tomorrow, I am now kicking myself for my inane stupidity. Having now found this forum I am having second, and third, thoughts about signing anything.

    Don't sign anything. You'll almost certainly regret it.
    I am an IFA. Any comments made on this forum are provided for information only and should not be construed as advice. Should you need advice on a specific area then please consult a local IFA.
  • linz3072
    linz3072 Posts: 2 Newbie
    Oh no, I have been such a fool! I was also contacted by phone by Avacade who offered me free pension advice and sent paperwork out by courier for me to sign. I signed the papers and the courier took them away. The man from Avacade knew all my details and only asked me to confirm maiden name, NI number and DoB. I thought this was a legitamit pensions advisor as he knew all my personal details, I didn't think anything untoward until I found this forum. Have i just made a huge mistake and signed my life away?
  • mania112
    mania112 Posts: 1,981 Forumite
    Part of the Furniture Combo Breaker
    What was your signature required for? What were you signing?
  • GhIFA wrote: »
    Don't sign anything. You'll almost certainly regret it.

    There was a few papers from Cherish Wealth Management which had all my personal details on them and I signed them and also another paper giving them permission to contact my pension provider to collect the information Avacade would need to complete a free pension report. This was only a few days ago, but as soon as I done it I just had a gut feeling something wasn't right. That's when I checked into things and found this forum and a few others.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Contact your pension firm as soon as you can and let them know you have realised this is a scam and want to wothdraw the transfer.

    These things can take some time to go through so you may well stop things before any loss is incurred.
  • KTCLUCK
    KTCLUCK Posts: 1 Newbie
    I too have received a cold call from Avacade. Having given my d.o.b and NI number and being told to sign and return the documents to the waiting courier tomorrow, I am now kicking myself for my inane stupidity. Having now found this forum I am having second, and third, thoughts about signing anything.

    I too have just got a call from Avacade. I received a text from a courier to confirm my appointment...then I read this forum....phoned courier and cancelled....Thanks to this forum....no more accepting cold calls.....
    :o
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    And remember: courier is used sometimes because places want to get the paperwork done before you've had a chance to research and change your mind. It's a bad sign, not a good one, that a place wants to use a courier! :)
  • Avacade gave me the number of SSERPs who confirmed I had opted out of their scheme inApril 2000. Avacade seem to think I may still be paying in via my NI contributions. Seems suspect to me but I have little understanding of these things. Can anyone explain? I have not signed for them to access details yet although they say they are, at this stage, just going to use my details to send me a free report . I would have no intention of using them to invest.
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