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PIC Complaints & Reviews

PIC / Friends Provident Premium Policy

Jun 25, 2016

PIC DEVERE ( Fraud Company) I lost $16000/- with this company when I closed the policy as I lost my trust in this company. Initially, when I was sold the product, I wasn't given the policy and the brochure till after 15 months. Then, I had to go to Friend's Provident, Dubai office where they gave me the actual policy. I argued with Mr. Andrew Piggot representative of PIC DEVERE financial advisory, who came to my apartment and said that he lost the policy in his office. So he wanted me to get some documents notarised to get a duplicate copy of the policy. He didn't do thi...

PIC / Pension investments

Nov 01, 2015

A couple of years ago I was approached by a senior advisor from Pic deVere in Dubai. He suggested that I should consider moving my UK pensions to a QROPS plan to take advantage of the tax situation. This was good advice but the advice that followed was anything but good. He then suggested that I invest my pesnion pot in autocallables telling me that they were an ultra safe investment that would yeild and annual 5% return. However, he did not give me the full detail of the investment vehicles until quite a long time after the investments had been made. It was then I found out the investment...