27 Feb, 2015 → by ClaimboUser447019
Clueless smooth talker
Panicko Lawrence talked me into investing in a Friends Provident managed portfolio. He failed to spell out the fees. Asking for a safe investment that might be expected to do a bit better than the banks, instead he managed to oversee a drop of 15% in the first 6 weeks, from which it never recovered, continuing a steady downwards progression. OK - things go down and up. In his case things _always_ go down. He switched from fund to fund - now I realize each switch would have incurred an entry fee. During a period when stock markets have boomed, gold has hit highs etc. my investment has only continued to generate revenue for the brokers. He was 'managing' other investments during this time too, which also failed to thrive. All his advice was worthless and counterproductive. Please get other advice before entering any working relationship with Panicko Lawrence