Generali Worldwide Vision Plan PPB scam due to excessive charges.

Zanderman

ImranaT wrote: »

Also the IFA who got me in this mess in the first place naturally never presented any costs, only nice fund facts, he also actually was never able to select any funds that yielded good returns, got me invested into 2 funds which went bankrupted, he never bothered to follow up on check on my investments, while he knew he was getting anyways his commissions out of my money. That's all he cared about. Most IFAs actually tend to disappear once money is invested.

You seem to think an IFA 'got you into this mess' - but, as Dunston has pointed out that's unlikely as the product is one sold abroad to ex-pats. IFAs work in a proscribed way in the UK. So it very likely was NOT an IFA who got you into this mess - and you are maligning IFAs very unfairly.

But, as others have also pointed out, the bottom line is that you may, or may not, have a case against whoever advised you on this. That depends on the laws of the country in which you took the advice and what the advisor was, technically.

You probably don't have a case against Generali at all.

And really, you asked a question and you're getting reasonable answers. Why be so negative about it? You need to be realistic about the situation with this investment, not malign people who try to help you.

dealer_wins

Legal or not, I hope the owners of this disgusting scheme die a long painful lonely death.