Jun. 17, 2020
Dear SEC I am writing to you because I was mis-sold a QROPS policy by Devere representative Benjamin Alderson in 2015 There was a complete lack of disclosure on the compensation/upfront commission to transfer my pension to a QROPS with RL360 and I am saddled with those costs for 10 years - The investments barely cover the costs of being on the RL360 platform. I was sold a number of different investments there was lack of disclosure on the compensation/upfront commission to invest my funds in a particular UBS structured note. This note recently matured and I lost $90,000 on that one investment alone. There were no disclosures made on the conflicts of interest of representing me and Mr Alderson being compensated by the people supplying the investment products He always told me he was acting in my best interests My initial investment was made on March 13 2015 I look forwards to hearing from Kind regards Stephen Burt