A Trustee is meant to have oversight of a pension. I had a pension set up by a financial advisor, Michael Fleming, who behaved unethically and works in Europe. It was a medium risk QROPS pension. Momentum thought it OK for crippling fees and charges sometimes >4% a year to be taken out. Nine years on I have lost around £80k and lost a compound growth opportunity of around £500k. I complained to Momentum and Utmost. Momentum investigated itself and of course absolved itself. I am about to write an article on unscrupulous financial advisers and their scams. I asked Momentum Malta CEO for interview and Momentum declined.