deVere Group

TonyRover

Financial consultancy deVere Group is in the news in Hong Kong. Unable to post links, but the articles can be found on Google:

• "DeVere faces down bad practice claims" (South China Morning Post)
• "CEO's stake risked conflict of interest" (South China Morning Post)
• "DeVere slams 'sensationalist' SCMP article" (International Adviser)

Previous UK news coverage:

• BBC Panorama: Where did my pension go? (available on YouTube)
• "'Publish at your peril' warns financial giant deVere Group" (Daily Mail)
• "Pensioners put £285,000 in woeful 'low-risk' funds" (Daily Mail)
• "Up to $50m of client money trapped in suspended fund" (International Adviser) (other International Adviser articles on the company can be found by Googling "deVere Group" site:international-adviser.com)

gb12345

deVere are well known amongst the ex-pat community in Switzerland - where they like to cold call to try and amongst other things persuade victims to transfer UK pensions to the crap funds that they peddle.

There was a thread (now deleted) on one of the Swiss forums that provided proof that despite their claims, they are not authorised in Switzerland.

It doesn't surprise me that they are also doing similar in other locations where there are ex-pats earning good salaries.