“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.”
“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.”
“I have to agree with others. Financial Adviser Michael Fleming from FSN set up a QROPS scheme. Momentum did nothing to stop a clearly horrendous rip-off scheme that cost me 22.3% in fees and charges. I lost many thousands.”
“Zero stars ...
I managed to get out (3 months of chasing, calls, emails ) after I discovered what a useless job they did and the high charges that were eating away at the capital invested.
Charges were over the 5 years 2017 - 2022) in excess of 15 thousand pounds. The investment grew on average with 2% per year after deductions for Momentums services AND the charges from the bank where the investment was placed ( by momentum). £3000/year charges, what can I say .... run away from AES, and Momentum you'll save yourself an uncomfortable ulcer....”
“In July 2020 the Maltese Arbiter ruled that Momentum Pensions had failed in their duties by accepting fake dealing instructions from unlicensed and unregulated advisers which lost me the majority of my pension. After they appealed in the Maltese courts, they then went onto lose their appeal on not just mine but over 50 similar cases. All of us are still waiting for our awarded compensation to be paid.”
“I think it about time that all of those that have been scammed, lost a fortune with this bunch of amateurs, that we all get together and expose this Company not only all over Google but I am of the opinion that Radio and the Martin Lewis Show " Money matters " on ITV, be involved to expose the fraudsters that claim to be Financial Advisors, make sure that they cannot sleep at night knowing just how much damage they have done not only to individuals but also Families that have fallen victim to Momentum Pensions.
DO NOT UNDER ANY CIRCUMSTANCES USE THIS COMPANY OR EVEN IPENSIONS AS THEY CLAIM TO BE THE UK SUBSIDERY OF MOMENTUM PENSIONS BASED IN SALE CHESHIRE.”
“Momentum owe me £10k for miss management of my pension funds. They are dodgy and were happy to accept investment instructions from lying thieves. Check out CWM pension scam on Google. No doubt I will receive legal threats for this but it is true. Momentum can go f**k themselves!”
“Momentum Pensions allowed my IFA to sign dealing sheets on my behalf that went unchecked, allowing them to invest in funds that I would not have approved of. Only after 6 months of fighting with them did I managed to built a full picture. They do not provide you with documents requested and are very difficult to deal with. They certainly do not have the interests of the customer in mind when allowing deals to take place.”
“Absolute disgrace of a company. They’ve completely destroyed the lives of myself, my husband and entire family due to their fraudulent dealings and lack of interest in ourplight. They have no conscience whatsoever and to this day are stealing money from people. Shame on you. Merry bloody Christmas you shisters”
“Sadly the review does not allow me to put Zero stars. Momentum Pensions Malta Ltd have been the trustees of my pension for the past 4 years. In that time my pension has lost over 60% of it's value. This company does not act in the best interests of it's clients. It charges extremely hi fees and is to be avoided at all costs.
Once you are in you cannot get out, unless you pay an extremely high penalty clause, they pay Scamming agents ridiculously high commission to introduce you to their money grabbing account, you pay ludicrous maintenance fees, all with a promise of of favorable returns on a pension pot investment. I was not looking to get rich, just invest my Life long earned pension for security for the future, this company has seen fit to make me and thousands others, PAUPERS and lined their pockets AND the scammers with our money
DO NOT GET INVOLVED WITH THIS COMPANY IN ANY WAY”
“Momentum Pensions totally failed myself and many other persons as our Trustee of our hard earned pensions to ensure they acted in our best interests. Personally I have lost at least 80% of my pension fund due to their lack of diligence. They accepted forged dealing instructions from Cwm and continued to do so after being made aware of the scam and even paid compensation to at least one person whilst continuing to do business with Cwm. Shame on them. Best avoided like the plague!”
“Unfortunately they have sat back and allowed fraudulent dealings lose 18k of my pension fund.
To add insult to injury they continue to charge exhorbitant fees for a product that was never suitable for the size of my pension pot.”
“Not worthy of any stars. Failed in just about every way that a trustee could fail it's clients. Facilitated huge losses to my pension fund and dislaimed any responsibility. I and many others now face poverty in old age. Disgraceful company. DO NOT HAVE ANY DEALINGS WITH THEM!”
