I am having problems getting money out of them as well. With all of the paperwork and such it is a attractant for hackers and I am not pleased with the whole setup from the beginning. If we can all attack at the same time with a suit I think class action will be better. I am trying to pull all of my funds out at this time. Please respond to freespool30@gmail for more information.
7 years ago a Finantial Advisor from Swim Worldwide, a Ganerali International sales representative in Brazil, insisted on coming to my office to present me their Vision Product. I would invest a chosen amount every month using my credit card and for that id get access to many of the best investment funds in the world that would otherwise request a high minimum amount for initial investments.
I was supposed to invest for 25 years and would get bigger loyalty bonuses the longer i invested with them. They promissed a minimum anual return of 5% with expected return of 12% yr based on their historical performance.
After 7 years and a zero return over my investment i decide to quit and invest myself. I knew i wouldnt get the loyalty bonuses for early redempting but what happened was that after investing aproximately USD45,000 i would get only USD33,000. 25% fee i was STOLEN. I was so unsatisfied with the service that i ordered the redemption anyway because investing for another 18 years with them woul probably make things even worse.
The new problem is, after 2 months, im still waiting for MY OWN money!!! They wont transfer it to my account. GENERALI is holding my money against my will. When they wanted to sell me their product a financial advidor came to my office and i just had to sign a few papers to get it done. Now that i wanna get out of it, i had to send original documents by mail, which i imediatelly did. One month later, they received the documents and still wouldnt transfer me the money. Now they wanted a copy of my passport and a document to prove my residence.
I scanned and sent it. They still wont give me my money back. They want the documents certified. I did and, again, they wont give me my money and now they dont even answer my email. I GOT STOLLEN and im comming after them everywhere i can.
Generali will regret ever knocking to my door trying to steel my money. So if any attorney wanna take this case ill be more than pleased to file a lawsuit agains them in the US, UK or anywhere else.
Whilst overseas some years back I signed up for a 10 year Generali Vision plan in the belief that my initial investment would have to remain in the scheme for 10 years, i.e. like a fixed term investment.
I made regular monthly payments into the scheme for 2 years and then stopped, as I had planned from the very outset. Now that the scheme has matured, I find that Generali have been deducting Administration Charges (undisclosed on their statements) in the form of units as though my monthly statements had continued for the whole 10 years.
The net result is that their charges have amounted to in excess of 65% of my investment with a pay-out little different from my initial investment!! Having studied in detail their small print (Vision Policy Conditions) and the one and only application form that I signed, I can see no explicit declaration stating that I was in effect signing a contract committing myself to maintaining my monthly payments every month for the whole 10 years with a statement of the penalties and continuing charges if dropping out early.
Generali International Ltd is based in Guernsey, Channel Islands and is regulated by the Guernsey Financial Services Commission (GFSC). The GFSC has no ombudsman and has no power to adjudicate in disputes. Guernsey based law firms are not permitted to take on cases on a “no win, no fees” basis and non-Guernsey based firms have no jurisdiction in Guernsey. The only recourse is therefore the potentially very expensive and risky option of hiring an advocate. Amongst other factors, the attraction for investment firms to operate out of Guernsey is obvious.
If you have a similar complaint re. Generali Vision, there is an online petition:
Generali International Limited Reviews
same problems
I am having problems getting money out of them as well. With all of the paperwork and such it is a attractant for hackers and I am not pleased with the whole setup from the beginning. If we can all attack at the same time with a suit I think class action will be better. I am trying to pull all of my funds out at this time. Please respond to freespool30@gmail for more information.
7 years ago a Finantial Advisor from Swim Worldwide, a Ganerali International sales representative in Brazil, insisted on coming to my office to present me their Vision Product. I would invest a chosen amount every month using my credit card and for that id get access to many of the best investment funds in the world that would otherwise request a high minimum amount for initial investments.
I was supposed to invest for 25 years and would get bigger loyalty bonuses the longer i invested with them. They promissed a minimum anual return of 5% with expected return of 12% yr based on their historical performance.
After 7 years and a zero return over my investment i decide to quit and invest myself. I knew i wouldnt get the loyalty bonuses for early redempting but what happened was that after investing aproximately USD45,000 i would get only USD33,000. 25% fee i was STOLEN. I was so unsatisfied with the service that i ordered the redemption anyway because investing for another 18 years with them woul probably make things even worse.
The new problem is, after 2 months, im still waiting for MY OWN money!!! They wont transfer it to my account. GENERALI is holding my money against my will. When they wanted to sell me their product a financial advidor came to my office and i just had to sign a few papers to get it done. Now that i wanna get out of it, i had to send original documents by mail, which i imediatelly did. One month later, they received the documents and still wouldnt transfer me the money. Now they wanted a copy of my passport and a document to prove my residence.
I scanned and sent it. They still wont give me my money back. They want the documents certified. I did and, again, they wont give me my money and now they dont even answer my email. I GOT STOLLEN and im comming after them everywhere i can.
Generali will regret ever knocking to my door trying to steel my money. So if any attorney wanna take this case ill be more than pleased to file a lawsuit agains them in the US, UK or anywhere else.
Whilst overseas some years back I signed up for a 10 year Generali Vision plan in the belief that my initial investment would have to remain in the scheme for 10 years, i.e. like a fixed term investment.
I made regular monthly payments into the scheme for 2 years and then stopped, as I had planned from the very outset. Now that the scheme has matured, I find that Generali have been deducting Administration Charges (undisclosed on their statements) in the form of units as though my monthly statements had continued for the whole 10 years.
The net result is that their charges have amounted to in excess of 65% of my investment with a pay-out little different from my initial investment!! Having studied in detail their small print (Vision Policy Conditions) and the one and only application form that I signed, I can see no explicit declaration stating that I was in effect signing a contract committing myself to maintaining my monthly payments every month for the whole 10 years with a statement of the penalties and continuing charges if dropping out early.
Generali International Ltd is based in Guernsey, Channel Islands and is regulated by the Guernsey Financial Services Commission (GFSC). The GFSC has no ombudsman and has no power to adjudicate in disputes. Guernsey based law firms are not permitted to take on cases on a “no win, no fees” basis and non-Guernsey based firms have no jurisdiction in Guernsey. The only recourse is therefore the potentially very expensive and risky option of hiring an advocate. Amongst other factors, the attraction for investment firms to operate out of Guernsey is obvious.
If you have a similar complaint re. Generali Vision, there is an online petition:
change.org/en-GB/petitions/generali-international-annul-vision-contracts-and-return-all-funds-at-current-market-prices
If in agreement, please sign and spread the word – Facebook, Twitter, email etc.,etc.