“As trustees of my pension they allowed CWM to buy high risk professional investor Structured Notes, against my instructions for 100% low risk investments. My fund is now down by 90k. Many of the dealing notes were unsigned or fraudulently photo copied signatures. Some notes were allowed to continue to purchase without being checked.”
“The word trustee implies they can be trusted to act in the best interests of their clients. However hundreds of people have lost millions of pounds through momentums neglect. Shameful disregard since as peoples lives have been ruined. Have paid compensation to at least one person in the same position but refuse to acknowledge the rest.”
“As a result of being "looked after" by Momentum pensions, our funds arent worth the paper they are written on! Their lack of care about this whole pension scam is incredible. Our futures are ruined as pensioners. To think they worked with an unlicensed group of scammers, Continental Wealth Management, is unbelievable, and even worse they signed off the dealing instructions which were forged ... Very upsetting! I hope they will see sense and compensate all the victims which are in the hundreds!”
“I only rated 1 star as could not review with none. this company is a total disgrace. Not interested in their clients, just the fees for doing nothing other than supporting fraudulent dealings in very high risk notes. Were dealing with Continental Wealth Management and also Trafalgar - International, If your monies are safe leave them where they are. You will only lose money and invite stress into your life investing with these desponds.”
“Trustee impkies a person or organisation that is trustworthy. Any company that allows inappropriate investments from forged dealing instructions is not worthy of trust. Do not place your pension or investment with these people who care more for their fees than their customers.”
“Momentum Pensions acted as trustees for my pension fund and happily took their payments while allowing transactions in high risk notes to be undertaken totally contrary to my risk profile. They allowed transaction charges to be taken from my funds without question too. Trustees in name only.”
“If you want to see your hard earned money ever again then please be warned and do not let these scammers anywhere near it. They are responsible for hundreds if not thousands of people losing the majority, if not all, of their savings by placing it into high risk shares which are not suitable for the ordinary investor. They , by doing so, earn massive commissions and charge you astronomical fees just to make sure you have no money left. You have been warned.”
“Momentum pensions sat back and did nothing, apart from take their charges, as my pension fund plummeted to 50% of its original value. This was not caused by market fluctuations but by inappropriate structured products being purchased by the IFA. These purchases were contrary to my risk profile but Momentum allowed them to pass through their system.”
