The Resort Group: Dixon Collins Final Trust Solutions, Kuala Lumpur has been reported to Action Fraud.

The firm is contacting clients of the Resort Group and offering their services.

We have been contacted by clients who have no investment in The Resort Group (TRG), but were worried that their pension with their provider – such as the Prudential, Friends Life or Aviva – may have invested their money in TRG without their knowledge.

The firm clearly had the clients personal details and pension info – and was contacting them without their consent – which worried them.

As per 22/04/2021 the FCA has listed the firm as follows:

Dixon Collins Final Trust Solutions (Level 15 1 Sentral, Jalan Stesen Sentral 5, Kuala Lumpur) is an unauthorised firm that may be providing financial services or products in the UK without our permission.

The initial contact is by phone and e-mail.

Their e-mails read as follows:

As you may now be aware, due to the misrepresentation of various pension providers in the UK, many clients’ pensions have been unduly invested into a group by the name of The Resort Group PLC.

At this stage, we are currently investigating your investment and will get back to you as soon as possible with further updates on your position.

As discussed previously,  the current state of The Resort Group PLC is one that is unfavourable to many clients in the UK, with a BBC Documentary created in 2016 about the company on the topic of “pension fund rip-offs”. As such, we have sourced some independent articles below for further due diligence on this company.

Sources:

BBC News – Pension Rip-Offs: New government pension rules open the door to rip-offs – BBC News

FTAdviser – Situation Deteriorating Troubled property scheme calls in restructure specialists – FTAdviser.com

BBC Panorama: Pension Rip-Offs Exposed

We will keep you up to date regarding any further developments on the case. If you have any questions or would like any further information, please contact us.

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