mpfs.org.uk
Shocking returns on investments and no regular upd...
Shocking returns on investments and no regular updates on Market Value Reductions.
After many years of investing with Met friendly I have decided to get my money out and put It somewhere where a reasonable return is achievable.
As per the last review on Trustburn they wrongly forecast a decent return on monies invested but achieve nothing like it.
In 2022 they implemented a MVR without telling customers? and even fail to keep the customer service team briefed with any update to inform customers of any forecasted changes.
I have spoken to them countless times over the years and even they were disgusted that they could not update customers when they contacted the company with this question about the MVR.
Those poor people are kept in the dark with a company that sadly lost its way and purpose to protect and invest peoples monies.
It was once run by people who had the best interests and intentions for officers and family members of the Met but its now bonus driven and slipshod.
They once emanated from the ranks of the Met and had real purpose and conviction.
Even now they offer additional interest of 1% to new customers putting monies into stocks and shares ISAs, when once that have you trapped they are taking it off of you with the MVR telling you that its a ten year savings plan?
This is obscene as we understand that investments may go as well as down but integrity in the way things are carried out is key.
Bearing in mind this company aligns its self with the police service it seems slightly perverse.
Anyone with any sense or wishing to watch their savings and investments grow especially when you have served all your life to be comfortable please go somewhere where you will be respected and they will invest your money professionally and not have an MVR and not return your money to you.
