Can the Trustee Protect me?

Trustees and the jurisdictions themselves have improved their due diligence on funds. Meaning it is harder for some rogue advisors to give bad fund advice. Scant consolation for anyone who does hold these funds however.

The worst part is that sadly there is little that can actually be done once a fund has gone into admiration or failed. Once the fund is frozen withdrawals from the funds are gated, stopped in short. Meaning you cannot get your money back. Sometimes after years of litigation they will pay out a nominal value meaning your investment was wiped out.

Normally there is no recourse. In some situations, however claims can be made and money recouped. Email matthew@regency-wealth.com for more information.

This is why the management of your pension transfer is as important if not more important than the process of transferring.