Review of Retirement Planning Scams & Complaints by Indian Money Company
by Shashi R2341 Indian Money ReviewWhat are the
common retirement planning scams that seniors need to be wary of? Let us
explore the details in the following review by Indian Money Company.
Retirement Planning Scams
Many
of us think of retirement as a stage when we would be able to retire
comfortably and do the things that we dreamt on, all working life.
As
per Indian Money Bangalore, this requires
a steady source of income that lasts long and helps maintain lifestyle. The
earlier you retire, the more important it is to manage money wisely.
Unfortunately,
there are certain schemes provided by the banks that promise more than they
deliver. Mentioned below are the points that according to Indianmoney.com reviews
you must keep in mind, before investing in a retirement scheme:
·
Unsolicited offers: Be
careful if you receive an unsolicited e-mail or SMS from a company for
retirement plans. It is always better to reach out to a bank and discuss
retirement plans rather than comply with mails of unknown people or companies.
·
Watch out for salesmen who prey on your fears: Many
retirees worry on having adequate retirement funds or adequate money for
medical expenses. There are some agents who pitch their products by using these
fears and worries as a weapon to sell the financial product.
·
Mis-Selling of retirement plans: Some
bank professionals know that the appearance of a professional combined with a
good profile and polite
manners can lead investors to take their advice and purchase the products they
offer. However, be careful as they may sell products that are not suited to
you.
·
Take time before investing: As
per IndianMoney Bangalore, there are some agents who
try to push retirees to make decisions in a hurry. This is done so that agents
can pocket commissions. These agents do not bother complying with your
grievances.
·
Do not lose sight of your investment: Don’t
rely on a financial professional who says “leave everything to me.”Always
monitor the activities on your account and request regular statements. You
should never feel uncomfortable on questioning any trading activity that you
don’t understand and always file complaints if
you are not satisfied with the response you get.
https://indianmoney.com/articles/post-complaint-on-indianmoney-if-you-are-cheated-in-retirement-plan
https://www.owler.com/company/indianmoney
https://indianmoney.com/articles/how-to-handle-customer-complaints-a-review-by-indianmoney
https://indianmoney.com/articles/how-to-file--complaints-on-indianmoney-with-consumer-forum
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Created on Nov 28th 2018 06:55. Viewed 473 times.